Tag: SMEs
Manufacturers, SMEs undergo screening for N275bn palliative funds
The Federal Government is set to commence the disbursement of N275 billion palliatives support funds for manufacturers, micro, small and medium enterprises (MSMEs) and...
UBA unveils $6bn empowerment initiative for African SMEs
The United Bank for Africa (UBA) has announced an initiative aimed at providing robust and comprehensive financing solutions to support and boost activities of...
UBA partners AfCFTA, invests $6bn to finance SMEs in Africa
The United Bank for Africa (UBA) Plc has signed an agreement with the Africa Continental Free Trade Area (AfCFTA) Secretariat to provide financing for...
Parallex Bank gets Afreximbank’s $10m trade facility
Nigeria’s Parallex Bank Ltd. has received $10 million trade finance facility from the African Export-Import Bank (Afreximbank) for Small and Medium-sized Enterprises (SMEs).
Managing Director/Chief...
Access Bank mulls $1bn spending to boost Africa’s SMEs
Access Bank is investing $1 billion to boost 10 million Small and Medium Enterprises (SMEs) in Africa over the next five years.
Executive Director in...
UBA reiterates commitment to SMEs development in Africa
The United Bank for Africa (UBA) Plc has reiterated its commitment to the growth of Small and Medium Enterprises (SMEs) across Africa, saying this...
DFC releases $280m to Access Bank for SMEs financing
The U.S. International Development Finance Corporation (DFC) has signed a commitment letter for $280 million in financing for Access Bank Plc in Nigeria.
The letter...
Polaris Bank partners Eventful for 6th Fashion Souk, supports SMEs
As part of its commitment to the growth of Nigeria's Small and Medium Enterprises (SMEs), Polaris Bank, in partnership with Nigeria's event management company,...
