AFC and NGX Strengthen Market Capability for Nigeria's Infrastructure Development

The Africa Finance Corporation (AFC) and Nigerian Exchange Limited (NGX) have concluded a two-day capacity-building program in Lagos to boost technical capabilities required for structuring infrastructure projects in Nigeria's capital market. The workshops aimed to address Nigeria's infrastructure deficit, estimated to reach $2.3 trillion by 2043.

AFC emphasized the need for innovative financing mechanisms and local expertise to support long-term infrastructure projects. NGX highlighted the pivotal role of Nigeria's capital market in mobilizing domestic resources for sustainable infrastructure development.