Job Creation Initiative

Location: Lagos, Nigeria

Partner: Nigerian Industrial Development Agency

This initiative aims to create jobs and promote economic growth through industrial development and small business support. The project aligns with Africa Connect SDG8: Decent Work & Economic Growth Investments.

Project Overview

This project focuses on supporting small businesses and industrial development by providing access to capital, training, and market opportunities to create sustainable jobs.

Impact: The project is expected to create 20,000 jobs across various sectors, including manufacturing and services.
Timeline: Expected completion in 3 years, with initial job creation within the first year.

Investment Details

Investors can fund small businesses and industrial growth initiatives, with returns through public-private partnerships and government contracts.

Target Funding: $15 million
Expected Returns: 12% annual return over a 5-year period.
Risk Assessment: Moderate risk due to the scale of the project and market fluctuations.

SDG Alignment

The project is aligned with SDG 8: Decent Work & Economic Growth, contributing to job creation and sustainable economic development.

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