UBA and AGF partner to provide $100m loans to African SMEs, with a focus on women-led businesses and green finance projects.
United Bank for Africa (UBA) and the African Guarantee Fund (AGF) partner to provide $100m in loans for African SMEs, with a focus on women-led businesses and green finance projects. AGF provides a $50m Portfolio Guarantee and capacity building support. The partnership aims to bridge the $42bn financing gap for women in Africa and supports UBA's $6bn commitment to SMEs across Africa.
March 12, 2024
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