Nigeria Targets Austrian Investors | Nigeria News

Nigeria’s government is aggressively courting Austrian investors, boasting over 20% USD returns on existing businesses and highlighting its 200-million-strong population as a massive tech-driven market. Minister Abubakar Bagudu credits President Tinubu’s reforms for stabilizing the forex market and boosting foreign reserves to $50 billion—enough to cover 11 months of imports. To attract more capital, Nigeria and Austria have launched ESME Limited, which will issue bonds in Vienna to fund green tech, waste-to-energy, and agriculture projects, all part of Nigeria’s ambition to hit a $1 trillion economy by 2030. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/955362ef1a9fe977