ACCESS BANK PLC, EIB PARTNER TO EMPOWER SMES, WOMEN THROUGH €50 MILLION FACILITY

•Deal to provide access to finance for SMEs as an effective means to foster economic diversification and inclusive growth. •At least 30% of funding will support women-led, women-owned businesses or businesses offering a service or product disproportionally benefiting women. •The deal supports Nigeria’s national action plan, which targets the empowerment of young people and women in alignment with the EU’s 2021-2027 Nigeria Multi-Annual Indicative Program (MIP). Access Bank Plc and the European Investment Bank (EIB), on Thursday, signed a memorandum of understanding, to deploy the long-term financing of 50 million…

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