Access Bank Secures DFIs’ USD 100 Million Facility Aided By German DEG for MSMEs, Gender Equality in Nigeria
Access Bank Secures DFIs’ USD 100 Million Facility led by German DEG for MSMEs, Gender Equality in Nigeria Access Bank Plc has successfully closed a USD 100 million senior loan facility with a consortium of Development Finance Institutions (DFIs), led by the German DFI DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH, and supported by FinDev Canada, Amsterdam-based asset manager ILX, as well as Austrian DFI OeEB, Oesterreichische Entwicklungsbank AG. This significant financing will support privately-owned MSMEs, small corporates, and family-owned businesses across Nigeria, with a particular focus on promoting female entrepreneurship and economic empowerment. At least 30 per cent of…