Senegal secures financing to boost SME growth

Date: 2024-10-30

The agreement, signed in Nairobi, Kenya, aims to facilitate access to finance for SMEs, with a particular focus on women-owned businesses and green projects. By providing guarantees, the AGF will enable BGFIBank to extend loans to SMEs, stimulating economic growth and job creation.

Both institutions expressed their commitment to supporting entrepreneurship and sustainable development in Senegal. The partnership will help to unlock financing for SMEs, particularly in sectors such as agriculture, renewable energy, and technology.

ODL/Sf/ac/fss/abj/APA

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