The Igbo Development Initiative (IDI) Inc. is a global organization of Igbo professionals and intellectuals committed to pooling resources for the industrialization of Alaigbo (Igboland). To achieve this, IDI Inc. will establish and promote an IDI Bank to serve as a financial foundation for industrial development.
Why?
The goal is to drive sustainable economic growth in Igboland by creating industries, funding business ventures, and providing financial support to Igbo entrepreneurs.
IDI Inc. is a for-profit organization that operates multiple Special Purpose Vehicles (SPVs) for investment and development.
Why?
A for-profit structure allows IDI to raise capital, invest in industries, and generate wealth for its members while ensuring financial sustainability.
IDI’s financial institution (IDI Bank) will be registered in the United States of America and will operate under U.S. financial laws, with branches in Igboland complying with Nigerian banking regulations.
Why?
Registering in the U.S. provides access to international funding and financial networks, while Nigerian operations ensure that IDI serves local businesses and industries.
To become a member, you must:
Why?
These requirements ensure that members have the capacity, skills, and dedication to actively participate in IDI’s mission.
To register as a member, you must pay:
Why?
The fees support IDI’s administrative and operational activities, ensuring smooth management of its projects and investments.
Yes, every member must make a minimum investment of $1,000 USD in an IDI SPV. This investment automatically converts into shares in the chosen SPV. Returns on investments will be based on the specific terms of each SPV.
Why?
This ensures that members are financially committed to IDI’s industrialization efforts and benefit from the profits of IDI’s business ventures.
Yes, members can sell their shares at any time. However, IDI Inc. and existing IDI members have the right of first refusal, meaning they must be given the opportunity to buy the shares before they are offered to external parties.
Why?
This policy ensures that ownership remains within the organization and prevents external investors from taking control of IDI’s assets.
Yes, non-members can invest in IDI by purchasing shares. However, they will not have membership rights or decision-making privileges.
Why?
This allows IDI to attract external capital while maintaining governance and control within the organization.
Yes, both members and non-members can apply for loans from IDI Bank (once established). However, loans must be used strictly for industrial projects within Alaigbo.
Why?
This ensures that the bank’s funds are used for economic development in Igboland rather than for personal or unrelated purposes.
Members must:
Why?
A shared commitment to IDI’s values ensures organizational unity, discipline, and strategic focus.
Yes, you can resign from IDI at any time. However, your resignation does not affect your ownership of shares in any IDI SPV where you have invested. This is because IDI Inc. and its SPVs are separate legal entities.
Why?
This protects members’ investments, ensuring that even if they leave IDI, their financial interests in SPVs remain intact.
By registering, you confirm that:
Why?
This ensures that every member is fully aware of their responsibilities and cannot later claim ignorance of IDI’s policies.
IDI will:
Why?
The long-term goal is to create wealth, employment, and economic independence for Igboland through structured industrialization efforts.
By joining IDI, you are not just becoming a member; you are becoming part of a historic movement to build Alaigbo into a global economic powerhouse.
Be part of a global network of Igbo professionals driving industrial and economic growth in Igboland. Gain access to funding, mentorship, and career opportunities while making a lasting impact. Join IDI today and shape the future!
Join the conversation and remain connected to the community: Receive resources, and opportunities to actively participate in the movements.
The Igbo Development Initiative (IDI) Inc.is a global organization comprising Igbo professionals and intellectuals committed to pooling resources for the industrialization of Alaigbo (Igbo land).