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Tag: SMEs

Business

African Development Bank to extend $200M facilities, ZAR 3.6B to Standard Bank Group for SMEs

The Board of Directors of the African Development Bank Group has approved two financial facilities for South-Africa based Standard Bank Group. The facilities ...
By Baobab AfricaDecember 13, 20240
News

ECOWAS Bank grants €20M credit line to BCI Guinée to boost SME growth and agric development

The ECOWAS Bank for Investment and Development (EBID) has taken a significant step to bolster economic growth in Guinea by providing a €20 ...
By Baobab AfricaOctober 21, 20240
News

Benin SMEs receive boost in export readiness through AfCFTA workshop and training initiative

Over 100 local businesses in Benin participated in the “How to Export with the AfCFTA” workshop, a key initiative led by the International ...
By Baobab AfricaSeptember 5, 20240
Business

African Development Bank grants $7m facility to Access Bank DR Congo to support local SMEs

The Board of Directors of the African Development Bank Group has approved a $7 million trade finance guarantee facility grant to Access Bank ...
By Baobab AfricaFebruary 24, 20240
News

African Development Bank signs First City Monument Bank to bolster access to $50m credit by women-owned SMEs

The African Development Bank (www.AfDB.org) has signed an agreement with First City Monument Bank (FCMB) for a $50 million line of credit to ...
By Baobab AfricaNovember 6, 20220

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