Nigerian SMEs to benefit from European Investment Bank’s €100 million credit facility to Africa

Nigerian SMEs are part of business investments to benefit from a €100 million credit facility secured by Ecobank from the European Investment Bank.

This comes as EIB lists West Africa as part of the regions to benefit from the credit facility, which aims to support business investments most hit by the COVID-19 pandemic.

In a statement on Thursday, the bank disclosed that the facility will be shared among the West, Central, East and South Africa region through Ecobank and its affiliates for investment projects undertaken by private sector companies.



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