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Breaking News | UBA, DEG  Unveils $50m Loan  Support For SMEs

UBA, DEG sign $50m pact to support SMEs

United Bank for Africa (UBA), and Deutsche Investitions-und Entwicklungsgesellschaft mbH, a German development finance institution, have signed a $50 million Term Facility Agreement. The facility with a tenor of six years is targeted at supporting the Small and Medium Enterprises (SMEs) and family owned businesses in Nigeria. Twitter ban: Don’t access social media via VPN, […]

UBA, DEG Sign $50m Term Loan To Support Small Businesses In Nigeria

(AFRICAN EXAMINER) – Pan African financial institution, United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in Nigeria. To this end, both institutions have signed a USD 50m Term Facility Agreement. The facility […]

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