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Nigeria

IFC Invests in Bolt to Expand Mobility Solutions, Boosting Earning Opportunities and Facilitating More Inclusive Transport in Emerging Markets

3 mins read

The FINANCIAL-- IFC, a member of the World Bank Group, is investing in the global mobility platform Bolt to help expand access to mobility and delivery services in underserved urban areas in Africa and Eastern Europe—including in South Africa, Nigeria, and Ukraine. IFC's €20 million investment and advisory services will help Bolt expand mobility solutions that create earning opportunities and improve access to safer and more accessible transportation in emerging economies according to IFC.…

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IFC Invests in Bolt to Expand Mobility Solutions, Boosting Earning Opportunities and Facilitating More Inclusive Transport in Emerging Markets

3 mins read

The FINANCIAL-- IFC, a member of the World Bank Group, is investing in the global mobility platform Bolt to help expand access to mobility and delivery services in underserved urban areas in Africa and Eastern Europe—including in South Africa, Nigeria, and Ukraine. IFC's €20 million investment and advisory services will help Bolt expand mobility solutions that…

bp and Ørsted to create renewable hydrogen partnership in Germany

5 mins read

The FINANCIAL — bp and Ørsted have today signed a Letter of Intent (LOI) to work together to develop a ‎project for industrial-scale production of green hydrogen – a significant step in developing ‎bp’s hydrogen business. Green hydrogen is made by the electrolysis of water using ‎renewable power, producing zero emissions. In their proposed Lingen…

IFC and Union Bank announce partnership to protect Nigeria’s economy

3 mins read

The FINANCIAL — IFC, a member of the World Bank Group, today announced a finance guarantee facility to Union Bank to boost access to finance for local business, enable increased international trade for Nigeria and help protect the country’s economy from the impact of the COVID-19 pandemic. The $40 million facility, under IFC’s Global Trade Finance…

Nigeria Election 2019: Poll indicates low awareness of electorates on most political parties

2 mins read

  A recent public opinion poll conducted by NOIPolls has revealed that majority of Nigerians are not aware of most registered political parties in the country.…