France - Article published by the NNPC
Clarification on the article “France Pledges to invest over one billion euros in Nigeria oil and gas industry” (published by the NNPC)
In a recent discussion with NNPC, the Ambassador of France to Nigeria mentioned that the French Development Agency (AFD) had committed more than one billion euros since its establishment in the Country in 2008.
In Nigeria, the AFD aims at supporting sustainable growth with specific emphasis to (i) economic diversification (sustainable access to power, support to SMEs and agriculture) and (ii) sustainable cities (access to water, waste management, urban mobility) with lending to the Federal Government of Nigeria or to private entities like local commercial banks.
For more information on ADF activities in Nigeria