AfDB President Calls for Enhanced Capitalization of Development Banks in Nigeria

…By Dorcas Funmi for TDPel Media.

He made this statement during his keynote address at the BusinessDay CEO Forum in Lagos.

Enhancing Capitalization for Affordable Loans:

The financing gap for MSMEs was estimated to be N617 billion.

Special Agro-industrial Processing Zones:

He emphasized the need to deepen domestic capital markets and address the financing gap faced by MSMEs.