IFC and Ecobank partner to support SMEs in West and Central Africa

A $110m facility will help overcome the challenges of lending to smaller businesses.

“The International Finance Corporation (IFC) and pan-African banking group Ecobank have announced on May 26th the launch of a $110 million (€101 million) risk-sharing facility to increase access to finance for small and medium-sized enterprises (SMEs) in fragile and conflict-affected states in West and Central Africa.”