China Development Bank, UBA sign $100 million loan deal to support SMEs in Africa

by | February 28, 2018 12:55 am

United Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a $100 million seven-year loan agreement to finance the development of small and medium enterprises (SMEs) in Africa. The $100 million loan will enhance UBA’s capacity…

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