Nigeria Trust Fund
E169486
The Nigeria Trust Fund is a concessional financing facility established by Nigeria and managed by the African Development Bank to support development projects in low-income African countries.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Nigeria Trust Fund canonical | 1 |
Statements (32)
| Predicate | Object |
|---|---|
| instanceOf |
concessional financing facility
ⓘ
development finance instrument ⓘ trust fund ⓘ |
| administeredBy | African Development Bank ⓘ |
| beneficiary | low-income African countries ⓘ |
| benefits |
supports economic development
ⓘ
supports poverty reduction ⓘ supports social development projects ⓘ |
| coexistsWith |
African Development Bank ordinary capital resources
ⓘ
African Development Fund ⓘ |
| cooperationWith |
African Development Bank
ⓘ
surface form:
African Development Bank Group
|
| currencyOfDenomination |
US dollar
ⓘ
surface form:
United States dollar
|
| establishedBy |
Nigeria
ⓘ
surface form:
Federal Republic of Nigeria
Nigeria ⓘ |
| financialInstrumentType | concessional loan facility ⓘ |
| focus | low-income member countries of the African Development Bank ⓘ |
| fundingSource | Nigeria ⓘ |
| legalForm | special fund within the African Development Bank framework ⓘ |
| lendingTerms |
below-market interest rates
ⓘ
grace periods ⓘ long-term maturities ⓘ |
| managingOrganization | African Development Bank ⓘ |
| ownership | Government of Nigeria ⓘ |
| purpose |
provide concessional financing
ⓘ
support development projects in low-income African countries ⓘ |
| regionServed | Africa ⓘ |
| sector |
development finance
ⓘ
international development ⓘ |
| targetGroup | low-income populations in Africa ⓘ |
| typicalProjectType |
agricultural development projects
ⓘ
infrastructure projects ⓘ social sector projects ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.