AFD approves $16m for Youth Entrepreneurship Bank vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
African Development Fund (ADF), the concessional lending arm for the African Development Bank (AfDB) Group, has approved $16 million for the creation of a Youth Entrepreneurship Investment Bank (YEIB) in Liberia.
Also, the AfDB’s Financial Sector Development Acting Director, Ahmed Attout, said the inauguration of the YEIB project in Liberia was a landmark moment.
By Lucy Ogalue Abuja, July 22, 2023 African Development Fund (ADF), the concessional lending arm for the African Development Bank (AfDB) Group, has approved $16 million for the creation of a Youth Entrepreneurship Investment Bank (YEIB) in Liberia. A statement issued on the AfDB website said the fund was approved to unleash the business potential |
(AFRICAN EXAMINER) - African Development Bank (AfDB) has approved a $15 million trade finance line of credit and $10 million transaction guarantee for FSDH Merchant Bank in Nigeria. FSDH will use the line of credit to provide loans to local enterprises in Nigeria. The $25 million package will help to reduce the trade finance gap