British International Investment Commits $1 Billion Annual Investment in Africa

Lagos – British International Investment (BII) has announced the opening of a new office in Nigeria, part of its strategic expansion to bolster its presence in Africa. This move entails a significant financial commitment to the continent’s development.

According to Africa News Agency, the institution plans to invest $1 billion annually in Africa. The Lagos office will serve as the institution’s fourth on the continent, supplementing its locations in South Africa, Kenya, and Egypt.