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

How this entity was disambiguated

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 Group
currencyOfDenomination United States dollar
linked to: US dollar
establishedBy Federal Republic of Nigeria
linked to: 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

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.