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NCDMB moves to expand access to $40m Women Fund
The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to dismantle funding barriers to women-led and women-owned businesses, strengthen their capacity and promote affirmative procurement opportunities in the petroleum industry. The NCDMB said it is exploring opportunities…
OPay crashes out of $304m New York IPO, treading the route of African firms
An undisclosed foreign regulatory inquiry has derailed OPay’s much-anticipated $304 million initial public offering (IPO) in New York, raising fresh concerns over the prospects of African-domiciled businesses seeking to access international capital markets. Oracle Intelligence reports that the Nigerian-focused fintech…
AfDB targets $4trn domestic capital to close Africa’s financing gap
The African Development Bank (AfDB) is engaging financiers on a strategy to mobilise about $4 trillion in untapped domestic capital across Africa to help fund the continent’s development needs, as the region grapples with an estimated $400 billion annual financing…
NCDMB moves to expand access to $40m Women Fund
The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to dismantle funding barriers to women-led and women-owned businesses, strengthen their capacity and promote affirmative procurement opportunities in the petroleum industry. The NCDMB said it is exploring opportunities…
