BoI to channel 70% of EIB facility to drive cocoa, dairy sectors

By Etop Ekanem Nigeria’s foremost development finance institution, Bank of Industry (BoI) has secured a 60 million euro credit facility from the European Investment Bank to fund Nigeria’s cocoa and dairy value addition drive, with a focus on processing, ingredients and chocolate manufacturing. Managing Director/CEO of BoI, Dr. Olasupo Olusi, disclosed this during the Africa Cocoa…