Although Benin is known as a cotton producer and is actively working to boost value-added activities in the textiles and garments sector, the country has also been looking to increase its industrial footprint more broadly, leveraging large-scale projects to expand its energy and transport infrastructure and develop special economic zones (SEZs).
In a year in which significant political efforts have been made to speed up the energy transition, 2021 has also been record-breaking for green finance, as governments, international institutions and lenders alike seek to support the shift towards renewables.
EKO HOTELS & SUITES 1415 Adetokunbo Ademola Street, Victoria Island T: (+234) 1 277 2700-25 reservation@ekohotels.com www.ekohotels.com Rooms: 824 rooms, including superior rooms, luxury rooms and executive suites. Business & Conference Facilities: Largest convention centre in Nigeria, 350-person ballroom and various meeting rooms. Health & Leisure...
LANGUAGE: Nigeria’s official language is English, which is widely used in the business community. This is especially the case in commercial hubs such as Lagos, Port Harcourt and Abuja. The most common indigenous languages in Nigeria are Yoruba, Hausa and Igbo. Pidgin English is widely used, particularly in Lagos, and it is recommended...
To what extent has progress in facilitating business procedures translated to investment inflows? Which sectors are being prioritised?
National reforms leading to the unbundling and privatisation of Nigeria’s Power Holding Company in 2013 resulted in the creation of the privately owned distribution firm Kaduna Electric, which is licensed to supply power in the state. At the same time the Kaduna Power Supply Company (KAPSCO), fully owned by the Kaduna government, was created to undertake energy initiatives in...
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