Nigeria, UK Sign Deal for $750m Pension-backed Infrastructure Fund

Nigeria and the United Kingdom have strengthened their economic partnership with a proposed $750 million infrastructure investment fund.
The collaboration is aimed at mobilising billions of dollars in pension assets to finance critical development projects across Nigeria and other selected African markets.
The collaboration will reflect the shared commitment of both countries to mobilising domestic capital, particularly pension funds, for productive investment in the real economy.
The initiative, which has already attracted interest from 19 Nigerian pension funds, is expected to channel long-term domestic and international investments into key sectors, including energy, transportati...