British energy giant Shell moves to exit Nigeria’s domestic gas distribution business after more than 25 years, selling network serving over 130 businesses
The agreement covers Shell Petroleum B.V.’s entire interest inShell Nigeria Gas Group, whose pipeline network supplies industrial and commercial customers
British investor BII eyes Nigeria’s $50 million startup fund with Japan, finance minister says
The potential participation would bring another international investor into an initiative intended to finance Nigerian businesses addressing economic and social challenges. The Nigeria Sovereign Investment Authority (NSIA) has previously described the vehicle as a $50 million Impact Innovation Fund
New owner of British oil giant Shell’s Nigerian onshore business lines up $4.1 billion in contractor financing with 13 banks
The arrangement is intended to address a practical constraint on oilfield development: service companies need money for equipment and mobilisation before their work generates payment
British International Investment Channels £1.07bn into African Businesses
British International Investment (BII), the United Kingdom’s development finance institution and impact investor, invested £1.07 billion in African businesses in 2025, reinforcing the continent’s position as its largest investment destination