Afreximbank commits $75 million to DBN to finance Nigerian SMEs

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Afreximbank has committed a $75 million financing facility to the Development Bank of Nigeria. The funding is intended to expand credit access for Nigerian small and medium-sized businesses, including firms in the creative economy.

The African Export-Import Bank (Afreximbank) has committed a $75 million financing facility to the Development Bank of Nigeria (DBN) to expand access to finance for Nigerian small and medium-sized enterprises (SMEs), including businesses in the creative economy. The post Afreximbank commits $75 million to DBN to finance Nigerian SMEs appeared first on Nairametrics.