World Bank Approves $500M to Expand SME Finance in Nigeria: Partnership Opportunities for Foreign Investors
By iMedia Editorial Team
The World Bank has approved a $500 million financing package to support small businesses in Nigeria. Here is how foreign investors can participate in this growing market.
The World Bank has approved the Fostering Inclusive Finance for MSMEs in Nigeria (FINCLUDE) project, a $500 million financing package designed to expand access to finance for small and medium enterprises across the country. Program Overview FINCLUDE Project Details Total Funding: $500 million Funder: World Bank / IDA Focus: Micro, Small, and Medium Enterprises (MSMEs) Approval Date: December 2025 Why This Matters Nigeria has over 40 million MSMEs that contribute approximately 50% of GDP and e...
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