CDC Group invests $75 million in Nigerian Stanbic IBTC bank

UK based development finance institution and impact investor, CDC Group, has announced a US$75 million debt commitment to Stanbic IBTC Bank PLC in Nigeria. Stanbic IBTC intends to use the funds to continue lending to businesses in sub-sectors of the economy that are important for domestic consumption and exports including food, manufacturing, telecommunications and construction. … Continue reading CDC Group invests $75 million in Nigerian Stanbic IBTC bank