IFC invests $60 million in the Bank of Africa Group

The IFC has decided to invest $60m to support the Bank of Africa Group to lend to small and medium enterprises that are based in Burkina Faso, Ghana, Madagascar, Mali, Niger, Senegal, Tanzania and Togo. The loans from the Bank of Africa Group are expected to finance small solar, biomass, green climate improvements and agricultural supply chains. The Bank of Africa Group operates in 18 countries in West Africa, East Africa with a representative office in France.

 

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