Investors to Inject $14bn into Nigerian Economy – Thisday

International investors, under the aegis of Greenstone Capital International Africa and Tacnero Global, have announced the approval of $14billion for Nigeria out of the $200billion that would be injected into five African countries.

The money is to be warehoused in Standard Chartered and two other Nigerian banks for immediate project execution in Nigeria.

The group’s legal adviser, Greg Anumenechi, who made this known in a statement said the investors were still committed to strategic sectors of the country’s economy including sectors ‎like Agriculture, Aviation, Medicals, Solid Minerals, Marine, Power and Petroleum.

The investment tagged AMPLE, will be extended into real estate, Industries, Information Technology, Parks, Education and the expansion of Nigeria’s version of Silicon Valley. Other African countries to benefit are Ghana, Democratic Republic of Congo, Somalia and South Africa.

‎Anumenechi noted that the investors had already gotten the approval for a Silicon Valley University in Lagos State, adding that they were also investing in the development of clean energy to serve the entire country as well as building an ultra-modern modular refinery for oil and gas development.

He noted in the statement that the Silicon Valley Charis International University has been described by Anthony Owens, a British Chartered Accountant from the UK group as being the first in Africa for ICT Industrial Park.