Morocco : Bank of Africa secures US$27.2 mln credit line to fund SMEs
Three years earlier, the bank had already secured a €25 mln loan from the same institution to support its small business lending activity. Last
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Three years earlier, the bank had already secured a €25 mln loan from the same institution to support its small business lending activity. Last
Egypt-based B2B e-commerce platform Cartona, has closed its $12 million Series A fundraise led by Silicon Badia, with the participation...
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The loan includes $40 million provided by GGF to enable Banque Misr to provide green loans to Micro, Small and Medium Enterprises (MSMEs) and Egyptian households, along with funding renewable energy projects.
IFC, a member of the World Bank Group, The SANAD Fund for MSMEs (SANAD), the Belgian Investment Company for Developing Countries (BIO), and Symbiotics today announced a loan to KCB Bank Kenya to help the bank increase lending for climate-friendly projects and to smaller businesses, especially those owned by women. The loan of up to $150 million will strengthen KCB Bank Kenya's capital base and allow it to finance eligible projects and businesses, many of which are facing COVID-19-related challenges, including challenges accessing working capital and funds for expansion. Of the $150 million, I...