(AFRICAN EXAMINER) - European Investment Bank (EIB), the long-term lending institution of the European Union (EU) has announced the launch of the new European solidarity financing fund for Africa also known as FEFISOL II. FEFISOL II is making its first closing at of €22.5 million, and a technical assistance package of €1 million euros from
Following the success of the first FEFISOL fund, which closed in July 2021, its promoters, the social investors SIDI (Solidarité Internationale pour le Développement et l'Investissement) and Alterfin, have structured this new fund dedicated to financing African rural microfinance institutions and agricultural entities sourcing from small-holder farmers in Africa. The…
CRDB Bank has secured 182bn/- from private sector financier, Proparco to bolster the bank s lending capacity to micro, small and medium-sized enterprises in the country.
The amount, in form of a. | March 30, 2022
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