Nigeria, May 15 -- The Board of Directors of the African Development Bank Group has approved a $200 million financing facility for the Bank of Industry (BOI), to expand access to long-term financing for enterprises operating in key growth sectors of the Nigerian economy.The facility will drive Nigeria's industrial transformation by providing medium- to long-term funding for businesses in critical sectors including infrastructure and transport, agro-food processing, health and pharmaceuticals, and green industrialization.The financing prioritizes the growth and development of small and medium-sized enterprises (SMEs), especially those owned by women and led by youth, with at least 30% of the proceeds expected to benefit Nigerian SMEs. This w...