Nigerian businessmen storm Anambra for share of $250bn global capital

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participants 2 Nigerian businessmen storm Anambra for share of $250bn global capital
•Participants at the business forum

By Vincent Ujumadu

NO fewer than 3,000 corporate organizations and private businessmen and women from almost all the 36 states of the federation and Abuja, recently gathered at Agulu, Anambra State to grab a chunk of the $250 billion global capital for the African Continental Free Trade Area said to have been provided by the United States of America, USA, Canada, China, Japan and some European organizations for the third world countries.

The money was made available through bilateral agreements for the development of African countries.

Sources of the money included the USA Development Finance Corporation with $60 billion capital, the European Investment Plan, which has set aside E40 billion to support businesses in Africa; the Economic Partnership for Africa, which is for those who want to export to Europe, as well as the Africa Free Trade, which would take off in the first quarter of 2020.

The Golden Tulip Hotel, Agulu was filled to…



Source: Vanguard Newspaper