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Tag Archives: United Bank of Africa

UBA, German Institution Sign $50m Loan Deal for SMEs

UBA, German Institution Sign $50m Loan Deal for SMEs

Pan African financial institution, United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in Nigeria. Both organisations signed a $50 million term facility agreement with a tenor of …

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