IFC and Lagos Free Zone Forge $50 Million Investment Agreement to Boost Industrial Development

The International Finance Corporation (IFC) has signed an equity investment deal worth $50 million with the Lagos Free Zone Company (LFZ) to drive Nigeria’s industrial growth. The IFC Regional Director for Central Africa and Anglophone West Africa, Dahlia Khalifa, disclosed during the official signing of the deal on Friday in Lagos. Khalifa said the investment…

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Plane Crash in the Philippines Claims Lives of 1 US Service Member and 3 Contractors

An airplane crash in the Philippines left one U.S. military service member and three defense contractors dead on Thursday. In a Thursday press release, U.S. Indo-Pacific Command announced, “On February 6, 2025, an aircraft contracted by the U.S. Department of Defense crashed in the Philippine Province of Maguindanao del Sur.” Indo-Pacific Command noted that the…

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