Gender financing: FirstBank, CDC partnership to be renamed British International Investment in April

By Chioma Obinagwam

First Bank of Nigeria Limited has said that its partnership CDC Group, UK Government’s development finance institution, will assume a new name in April.

Confiance News gathered from a statement issued to it on Tuesday.

Read also: CDC, FirstBank support women, SMEs with $100m credit facility in Nigeria

The partnership between the duo will be called the British International Investment.

“The new partnership between CDC, which will be renamed British International Investment in April, demonstrates a shared mission to spur sustainable, productive and inclusive growth in Nigeria,” it said in the statement.

Confiance News recalls that FirstBank had earlier announced its partnership with CDC Group, which will avail FirstBank a US$100 million finance facility aimed at funding women-owned and led businesses in addition to local small and medium-sized enterprises (SMEs) in Nigeria.

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