Ecobank secures $112 million EIB loan to support African SMEs

Ecobank secures $112 million EIB loan to support African SMEs

Ecobank secures $112 million EIB loan to support African SMEs

Ecobank secured on November 24, a €100 million ($112 million) credit facility from the European Investment Bank (EIB). The long-term financing, with a 9-year tenor, will be on-lent through the group’s subsidiaries to SMEs in sub-Saharan Africa.

For more information, please see https://www.ecofinagency.com/finance/2511-43208-ecobank-secures-112mln-eib-loan-to-support-african-smes

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