The International Finance Corporation recently announced the investment of $2 billion to support SMEs and boost trade activity in Africa.

In detail, $1 billion will come in the form of mezzanine financing and risk-sharing instruments (guarantees) for SMEs while the second billion will go for essential goods’ import-export businesses, including food and medical products.

For more information, please see https://www.ecofinagency.com/finance/2105-42663-ifc-backs-africa-s-economic-recovery-with-2bln