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Amid revenue shortfall, expert says blended financing could help Nigeria plug $31trn infrastructure gap


A kind of financing solutions that leverage concessional capital from public and philanthropic sources to de-risk transactions to attract private investment could be Nigeria’s bet in solving its huge infrastructure deficit, according to Lade Araba, managing director for Africa at Convergence Finance. Government’s already low revenue streams have suffered a huge collapse, worsened by the…

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