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Islamic Bank, AFDB, others invest $618 million in Nigeria’s I-Dice

Islamic Bank, AFDB, others invest $618 million in Nigeria's I-Dice
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African Development Bank (AfDB), the Islamic Development Bank (IsDB), and the French Development Agency (FDA) are investing 618 million dollars in the Digital and Creative Enterprises Programme (I-DICE) in Nigeria.

President of the AfDB, Akinwumi Adesina, announced this at the Nigeria International Economic Partnership Forum on the sideline of the 77th United Nations General Assembly, New York.

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Mr Adesina said the programme would support the creation of 225 creative start-ups and 451 digital technologies small and medium-sized enterprises, or digital SMEs.

The AfDB president added that the enterprises would create 6.1 million jobs and add $6.4 billion to the economy.”

Image courtesy of Akinshola Lucky Akintelure - ApplesBite International Magazine
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Akinshola Akintelure is a Content Writer, a tech savvy and Social Media Manager.


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