in Short

Nigeria A consortium to help electricity supply sector

In Nigeria, three groups, New Hampshire Capital, FBNQuest, and Kairos Investments Africa, are looking for mobilizing 1,2 billion dollars in the coming three years to invest in the electricity supply sector. A solution for electricity suppliers in Nigeria which face huge losses: between 2015 and 2018, the shortfall rises from 157 billion to 470 billion nairas (412 million to 1,2 billion dollars).

 

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