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Tag: sme

Business
UBA partners with African guarantee fund to offer $100 million SME loan initiative

UBA partners with African guarantee fund to offer $100 million SME loan initiative

March 12, 2024November 20, 2024 AGS

AGS NEWS – In a bid to empower Small and Medium Enterprises (SMEs) across the continent, the African Guarantee Fund (AGF) and United Bank for Africa (UBA) have sealed a partnership spanning 20 African countries. As per a statement released … Continue reading UBA partners with African guarantee fund to offer $100 million SME loan initiative

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$1.4 billion funding secured by 321,867 SMEs over six years - World bank

$1.4 billion funding secured by 321,867 SMEs over six years – World bank

December 10, 2023November 20, 2024 AGS

In the span of six years, a total of 321,867 Micro, Small, and Medium Enterprises (MSMEs) have benefitted from wholesale funding amounting to $1.4 billion, as revealed by the World Bank in a report released on Friday. The report, titled … Continue reading $1.4 billion funding secured by 321,867 SMEs over six years – World bank

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UBA partners with AfCFTA in $6 billion deal to boost SME funding

UBA partners with AfCFTA in $6 billion deal to boost SME funding

December 2, 2023November 20, 2024 AGS

United Bank for Africa (UBA), one of Nigeria’s premier financial institutions, has recently entered into a Memorandum of Understanding (MoU) totaling $6 billion with the African Continental Free Trade Area (AfCFTA) secretariat. The primary objective of this agreement is to … Continue reading UBA partners with AfCFTA in $6 billion deal to boost SME funding

Business
UBA seminar offers health tips to SME operators

UBA seminar offers health tips to SME operators

August 25, 2023November 20, 2024 AGS

Experts are urging Small and Medium Scale Business (SMB) owners and operators to give high priority to physical fitness and health check-ups as they make critical decisions for their businesses. This advice was shared during the United Bank for Africa … Continue reading UBA seminar offers health tips to SME operators

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