Affirmative Finance Action for Women in Africa (AFAWA) initiative

AfDB Approves $200m for BoI to Support MSMEs

The African Development Bank Group (AfDB) has approved a $200 million financing facility for the Bank of Industry (BoI) to expand access to long-term funding for businesses operating in key sectors of the Nigerian economy. This approval was disclosed in a statement published on the bank’s website, highlighting the bank’s continued support for Nigeria’s industrialisation […]

techictbusinessweek-ng
May 18, 2026
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AfDB Approves $61M Package to Boost Women-led Businesses in Nigeria

The Board of Directors of the African Development Bank Group (AfDB) approved a $61 million financing package for the Development Bank of Nigeria (DBN) to expand access to affordable credit for women-owned and women-led businesses across Nigeria, particularly in the agricultural sector. The financing comprises three instruments: a $50 million gender-focused line of credit; an […]

techictbusinessweek-ng
May 9, 2026
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Tag: Affirmative Finance Action for Women in Africa (AFAWA) initiative

AfDB Approves $200m for BoI to Support MSMEs

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