Tag: SMEs. Africa

China Devt Bank, UBA sign $100m loan for SMEs in Africa

Feb 28, 2018

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by

Olaotan Falade

in Business News, Nigeria

United Bank for Africa (UBA) and China Development Bank (CDB), the world’s largest development finance institution, has announced the signing of a $100 million seven-year loan agreement to finance the development of small and medium enterprises (SMEs) in Africa. The $100 million loan will enhance UBA’s capacity to provide access to finance to small and…