Nigeria, Japan Launch Naira VC Fund to Shield Startups From FX Risk
In a landmark move aimed at accelerating entrepreneurship and investment in Nigeria, the federal government has partnered with Japan to launch a naira-denominated venture capital fund targeted at high-growth startups. The initiative, now formally approved by the Japanese government, is structured to provide long-term concessional financing while insulating startups from the volatility of foreign exchange […]
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