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AFD to Invest €2bn in Nigeria - Vimarsana News

AFD to Invest €2bn in Nigeria

Agence Francaise De Developpement (AFD) is investing €2 billion in Nigeria. The French Development Agency (AFD) is a development finance institution 100 per cent held by French government. In Nigeria, it is mainly into financing of infrastructure projects (water, energy, transport and agriculture). It also involves in financing related to banking sector, governance and the cultural and creative industries. Speaking to THISDAY, the AFD Country Director Nigeria, Pascal Grangereau, said €2 billion was set aside to be sent on mainly road financing, water sector, improvement in electrici...