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SME COALITION

News

Letshego Microfinance Bank Nigeria named Affirmative Finance Action for Women in Africa initiative’s first “AFAWA Bank of the Year” at African Business Awards

Giles Aijukweb, representing Leshego Microfinance Bank Nigeria accepts the AFAWA Bank of the Year award from Malado Kabba, African Development Bank’s Director for Gender, Women and Civil Society.

Rwanda - Cogebanque: supporting structural transformation in Rwanda by improving access to finance to local SMEs in transformative sectors - P-RW-HAB-006

The Bank’s overall lending objectives are that these activities lead to the positive transformation of the society it serves. However, some of the projects it finances may have adverse effects on the environment and the society at large. This could arise through financing of activities that can...

Sahel region: African Development Bank to extend nearly $1m in gender-based grants to boost opportunities for women-led businesses

The African Development Bank's Gender Equality Trust Fund will provide a $950,000 grant to the Africa Small and Medium Enterprise Business Linkages Program in Burkina Faso, Chad, Mali, Mauritania, and Niger.

US’s Zambia investment plan targets African food security

Zambia’s post-pandemic drive to diversify from mineral exports received a healthy boost as USAID announced an investment package worth over $44m. Aimed at “spurring private investment at a scale that could never be matched by foreign aid alone”, TradeBoost Zambia will build upon USAID’s new flagship, continent-wide Africa Trade and Investment programme.

Côte d’Ivoire : la BOA met 770 milliards F CFA à disposition pour les PME

La filiale Côte d’Ivoire du groupe Bank Of Africa multiplie les stratégies pour se rapprocher davantage de la clientèle PME. En 2021, Bank Of Africa-Côte d’Ivoire, qui présente un total bilan de plus de 714,5 milliards de F CFA et un total dépôt de la clientèle de 547,03 milliards de F CFA, a accordé plus de 20 milliards de prêt aux petites et moyennes entreprises.

Tchad : 15 milliards de FCFA de la Commercial Bank pour les PME

La filiale locale du groupe bancaire camerounais la Commecial Bank Tchad (CBT) a reçu un coup de pouce pour implémenter son programme de développement notamment le financement des entreprises en obtenant auprès de la Banque de développement des Etats de l’Afrique centrale (BDEAC), une ligne de crédit de 15 milliards de FCFA (24 millions de dollars).

East African SMEs Accelerate Their Growth With Cloud Deployments

Small and medium enterprises in the fast-growing East African economic region leverage cloud technologies to automate, improve and accelerate business processes and growth.

Fund for African Private Sector Assistance in Africa

April 6th, 2018 – Donors to the Fund for African Private Sector Assistance (FAPA) – consisting of the African Development Bank, the Government of Japan and the Government of Austria – have approved three catalytic projects totaling US $2,480,000 to stimulate the growth of Africa’s small and medium enterprises.

SMEs - Keys to Invest in West Africa

With the saturation of markets in North America, Europe, and Asia, more and more investors are attracted by Africa.