Business Daily | by Victor Juma
The African Development Bank (AfDB) has launched a credit facility of up to $2 billion (Sh218 billion) aimed at funding women-owned small and medium enterprises in multiple African countries including Kenya.
The institution will work with African Guarantee Fund (AGF) –which offers partial insurance for loans to SMEs— to disburse the loans through banks in the programme dubbed Affirmative Finance Action for Women in Africa (AFAWA).
Banks in Cameroon, Democratic Republic of Congo, Kenya, Rwanda, Tanzania and Uganda are signing on to the programme…
