Nigeria : AfDB strengthens First City Monument Bank’s SME outreach
The pan-African financial institution is providing a $50 million line of credit, part of which will be reserved for women entrepreneurs.
04/11/2022 at 18h06, by Pierre-Olivier Rouaud
Nigeria’s First City Monument Bank will be able to roll out more loans to at least 50 of its corporate clients after receiving support from the African Development Bank (AfDB). The continent’s development bank has allocated a $50 million line of credit for this purpose.