AFRICA GUARANTEE FACILITY I - WEMA
Sector: Government • Location: Nigeria
Source: European Investment Bank (EIB)
This facility will provide a Partial Portfolio Guarantee (PPG) to Wema Bank plc to support financing eligible investments by SMEs in Nigeria. The facility will be dedicated to SMEs owned or managed by women and/or young people, and to start-ups.
This operation will contribute to inclusive growth and innovation in Nigeria, the most populous country in Africa, a key EU partner in the region, a sign
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | signed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | This facility will provide a Partial Portfolio Guarantee (PPG) to Wema Bank plc to support financing eligible investments by SMEs in Nigeria. The facility will be dedicated to SMEs owned or managed by women and/or young people, and to start-ups. This operation will contribute to inclusive growth and innovation in Nigeria, the most populous country in Africa, a key EU partner in the region, a significant market for EU exports, and a strategic partner of Europe in terms energy. It is conducted under the SME Access to Finance Initiative supported by the European Fund for Sustainable Development (EFSD) under the EU's External Investment Plan. The proposed risk sharing facility is fully aligned with the EU's 2021-2027 Nigeria Multi-Annual Indicative Programme (MIP) and with Nigeria's Financial Inclusion Strategy. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |