Chazzyboy: Good move i wish other stars will follow ur footstep

kcpragmatik:


Hope yu aint thinking its the footballers??

Chazzyboy: Good move i wish other stars will follow ur footstep

Chazzyboy: Good move i wish other stars will follow ur footstep

kcpragmatik:


Hope yu aint thinking its the footballers??

Chazzyboy: Good move i wish other stars will follow ur footstep

Scun: That's how we know those who read headlines and jump to comment.

Fazhy: Is he the same Aluko that is a lawyer?

kcpragmatik:


Hope yu aint thinking its the footballers??

oluks05:

Lol, I actually thought so myself b4 I read d full story

ZUBY77: Dont ever trust a wealthy African businessman with development projects especially if the money would come from other people. A black man's head was programmed to look for his or her interest first. This money will disappear someday without trace. This Aluko and Boateng cannot, i repeat, cannot decline being the managers of the fund. They would stick with the money until death. That is the definition of Africa. If they want us to believe them, let them hand the project over to people like Bill Clinton or Bill Gates. But until then, let them continue their various business.

kcpragmatik: Nigerian oil magnate, Kola Aluko, and Ghanaian-born British fashion designer, Ozwald Boateng, have launched the Africa50, a $500m African infrastructure project development fund. Oscar-winning actor and musician, Jamie Foxx, joined the two African businessmen to officially launch the fund on Wednesday at the NASDAQ in New York, where they rang the opening bell, according to a report by Forbes. Africa50, a $500m pan-African infrastructure fund, is a joint venture between the African Development Bank and the Made In Africa Foundation, a United Kingdom non-profit organisation founded by Aluko and Boateng to facilitate development on the continent by funding large-ticket infrastructure projects across sub-Saharan Africa. So far, Africa50 has raised about $250m, with Aluko and the AfDB committing $50m each to the fund. Together with the AfDB, the MIAF plans to attract investments from development finance institutions, pension funds, sovereign wealth funds and governments to the fund. Capri Global Capital, a US-based investment advisory founded by African-American fund manager, Quintin E. Primo III, will work with the AfDB and MIAF in raising the additional capital. The alliance between MIAF and AfDB aims to raise $500m for Africa50’s project development arm by the first half of 2014. The money will be used to fund feasibility studies of large-scale infrastructure projects. The Foundation is also planning to raise a $10bn project finance fund. Aluko, a successful oilman, had said in the past that the solution to Africa’s problems was not charity in terms of building schools or hospitals, which sometimes are not sustainable. “These projects happen and then they are left in incapable hands and they are not commercially driven. As a consequence, most of them will go on for
as long as the money has been given lasts and beyond that they slowly dilapidate and slowly die,” he said in an online broadcast.


www.punchng.com/business/business-economy/aluko-boateng-launch-500m-african-development-fund/

Nonybb: Ghanaians are knwn to be POOR. Who dash that Boateng some money. Oh i forgot he is a british-born

Nonybb: Ghanaians are knwn to be POOR. Who dash that Boateng some money. Oh i forgot he is a british-born

Fuelish: and nigerians r known to be 419ners,ritualists,robbers,terrorists,occultists,thieves,prostitvtes? modafaka from a sh1thole!

solomon111: Oil-magnate indeed.
Probably one of the corrupt cabals in our oil industry.
I wonder why most of them are from the SW.

Tonylyte:

mumu, we talking money here, we aint talking nonesense.......bw, u dnt hav punchlines, u keep repeating stuffs.......charcoalistic tendency, so black, so black, so black, enough to over shadow the sun.

yawkusi:

When I saw Nigeria I knew it was scam, and it will definitely be a scam. Some things never change; rain , tax, nigeria, islam