For decades, Africa’s financial conversation has centered on attracting foreign capital. Yet the continent’s next financial revolution will not be driven by overseas investors—it will be powered by mobilizing African capital more effectively.
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The Bank of Industry (BOI), the implementing agency for the Federal Government’s Investment in Digital and Creative Enterprises (iDICE) Programme, has opened two new debt-financing windows worth a combined $110 million to improve access to affordable funding for startups in Nigeria’s technology and creative industries.