TLG Capital, Fidelity Bank Plc to invest US$20m on SMEs in Nigeria

NIGERIA – TLG Capital, a private equity firm, has partnered with Fidelity Bank Plc to invest US$20 million on SMEs in Nigeria that are focused on healthcare, education, consumer sectors, amongst others. The funds will be channelled through TLG’s Africa Growth Impact Fund (ADIF), towards the development of SMEs in the country. This new investment is in line with the bank’s move to provide innovative funding options and other forms of relevant support to entrepreneurs in the country. Fidelity Bank Plc is a commercial bank in Nigeria with over 5…

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