BII Commits $50 million to Access Bank to Support Businesses in Nigeria
British International Investment (BII), the UK’s development finance institution and impact investor, today announced a $50 million commitment to Access Bank as part of a $295 million loan package arranged by FMO. The funding will strengthen Access Bank’s capital base and allow it to support underserved Small, and Medium Enterprises (SMEs) including those led by women and youth, providing access to working capital and supporting resilience as Nigeria faces its most severe economic crisis in a generation.’
Photo courtesy of Free-Photos.
Source: British International Investment (link opens in a new window)
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