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There's a massive financing gap in Nigeria's agriculture, health, and education sectors that needs to be filled, according to a new study.
The study, conducted by the International Development Research Center and the Nigerian National Advisory Board for Impact Investing, found that there's a $186.17 billion financing gap in Nigeria's agriculture, health, and education sectors, with gender and sustainability as the cross-cutting principle, the Guardian reports.
"Access to capital is a major impediment in Nigeria's strong agriculture, health, and education sectors," the study states, calling for policies that would increase the participation of women in impact investing while ultimately creating a more equitable society for all men and women.
The research identified key investment instruments for operating within the agriculture, health, and education sectors, with gender and sustainability as the cross-cutting principle.
Some of the key investment instruments identified include low-cost debt financing, equity, and hybrid financing.
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