First Bank Receives $100 Million Credit Facility From CDC to Support Women and Small Business Owners
According to Bloomberg, the CDC Group, the United Kingdom’s development-finance arm, will provide a $100 million credit facility to First Bank of Nigeria Ltd. to help support women-owned businesses and small businesses in Africa’s largest economy. The funding will “address the challenge of limited access to capital faced by the country’s under-banked and underserved groups,”…