…average and the 47 per cent average for lower-middle-income economies. PwC identified a financing gap between ₦500,000 and ₦30 million, noting that most microfinance institutions lend up to ₦500,000, while commercial banks tend to focus on facilities of ₦30 million and above. It Nigeria’s weak infrastructure remains an…

…experts, and primary lending institutions to forge sustainable solutions and bridge the financing gap for local shipowners. Renowned legal practitioner, Dr Olisa Agbakoba will deliver the keynote address, while the event will be chaired by a former Director General of the Nigerian Maritime Administration and Safety Age…

…Development Goal targets were currently on track or making moderate progress, while the financing gap for developing countries continued to widen. Despite these challenges, she maintained that the continent possessed the capacity to shape its own future. “With less than five years remaining to achieve the 2030 Agenda,…

…for mid-sized businessesDespite the sector's growth, the report identified a major financing gap affecting businesses often described as the "missing middle." These are enterprises seeking funding between ₦20 million and ₦500 million (approximately $40,000 to $1 million), many of which continue to struggle to secure su…

…budget projects revenue of N36.87tn against total expenditure of N68.32tn, left a financing gap of N31.45tn, equivalent to 6.41 per cent of the country’s Gross Domestic Product. According to the report obtained by Sunday PUNCH, the projected deficit is more than double the three per cent ceiling stipulated under the Fi…

…and the Kingdom of Bahrain. The $50m global fund was established to bridge the digital financing gap facing women-led MSMEs by providing access to finance, business development support, digital skills and international market opportunities. The initiative aligns with the Federal Government’s Renewed Hope Agenda, which…

…constrained by limited access to capital, business training and financial services. The financing gap for women-led businesses globally remains a major barrier to growth, limiting their ability to invest, hire workers and expand operations. Rather than relying on a single solution, the partnership is focused on combini…

…talent early, build business capacity to survive and scale, and surface the financing gaps that limit a country's economic potential. "The true measure of an MSME institution is not the number of entrepreneurs it trains or the volume of loans it disburses. Its success lies in how effectively it transforms businesses in…

…innovative capital-raising structures to bridge the continent's widening infrastructure financing gap, estimated at tens of billions of dollars annually. AfDB's participation could pave the way for other international development finance institutions and strategic investors to acquire stakes in EBID, potentially broade…