African Development Bank Approves USD 170 Million Loan for Nigeria’s Digital and Creative Enterprises Programme (i-DICE)

African Development Bank Approves USD 170 Million Loan for Nigeria’s Digital and Creative Enterprises Programme (i-DICE)

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A loan of USD 170 million was approved by the Board of Directors of the African Development Bank (AfDB) for Nigeria’s Digital and Creative Enterprises Programme (i-DICE).

Why it Matters?

The launch of i-DICE was among the latest initiatives aimed at job creation in Nigeria through enabling investment in entrepreneurship and innovation in digital technology and creative industries and with the expectation to solidify the country’s role as Africa’s top destination for start-up investments and youth entrepreneurship. This investment will thus give aspiring leaders access to enterprise support organisations for enterprise and skills development among other advantages.

Details

i-DICE is led by the Federal Gove...