AfDB to boost SMEs in Nigeria’s agric sector, others

THE African Development Bank, AfDB, is set to support Small and Medium Enterprises, SMEs, in the agricultural sector in Nigeria, Burkina Faso, Ethiopia, Ghana, Malawi and Mozambique with 12 new projects. The 12 projects which will be launched by the bank on March 27 – 29,   this year is funded…

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African Guarantee Fund, GuarantCo plan $74m guarantee for SMEs

The African Guarantee Fund for small and medium-sized enterprises (AGF) said it has entered into a re-guarantee transaction of an amount of up to $74 million with GuarantCo, to increase its guarantee capacity for SME financing in Africa. AGF was specifically set up to assist financial institutions increase their financing…

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