Access Bank Plc, EIB Partner To Empower SMEs, Women Through €50 Million Facility
Access Bank Plc, EIB Partner To Empower SMEs, Women Through €50 Million Facility Deal to provide access to finance for SMEs as an effective means to foster economic diversification and inclusive growth. At least 30% of funding will support women-led, women-owned businesses or businesses offering a service or product disproportionally benefiting women. The deal supports Nigeria's national action plan, which targets the empowerment of young people and women in alignment with the EU's 2021-2027 Nigeria Multi-Annual Indicative Program (MIP). Access Bank Plc and the European Investment Bank (EIB), on Thursday, signed a memorandum of understanding, to deploy the long-term financing…