SME finance gap in Africa – New Business Ethiopia

IFC Invests $60 million to expand lending in Africa

June 4, 2018June 4, 2018 newbusinessethiopia

With the aim of facilitating growth and job creation in Africa, the International Finance Corporation (IFC), a member of the World Bank Group, today announced a $60 million investment in a regional risk-sharing facility.

Liberia’s small enterprises secure $20 million funding

May 17, 2018May 17, 2018 newbusinessethiopia

The African Development Bank (AfDB) is to provide $20 million to boost lending to small and medium-sized enterprises in Liberia, the Bank said after approving the funding on Wednesday.

Partners to solve Africa’s $331 billion SME Finance Gap

May 15, 2018May 15, 2018 newbusinessethiopia

The International Finance Corporation (IFC) and Small and Micro Enterprises (SME) Finance Forum propose a solution that will solve Sub-Saharan Africa’s small and medium enterprises (SMEs) $331 billion gap.