The African Development Bank (AfDB) is stepping up plans to finance power and rail projects as China boosts lending on the continent by half. The Tunis-based lender is set to endorse this week the Africa50 Fund, which is targeting $10 billion of equity from an initial capital of $3 billion, to finan
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp