Extended to cover Covid, European bank guarantee system NASIRA will be operational in the second half of the year (€110m)

Extended to cover Covid, European bank guarantee system NASIRA will be operational in the second half of the year (€110m)

Led by Dutch development bank FMO, the programme targeting women’s entrepreneurship and VSBs affected by the pandemic in Africa has just been allocated an additional €25m. Four consultancies are in the running for the project’s technical assistance.

Someone shares this article with you
            ▪ Extended to cover Covid, European bank guarantee system NASIRA will be operational in the second half of the year (€110m)

▪ Led by Dutch development bank FMO, the programme targeting women’s entrepreneurship and VSBs affected by the pandemic in Africa has just been allocated an additional €25m. Four consultancies are in the running for the project’s technical assistance.

https://www.africabusinessplus.com/en/804252/elargi-au-covid-le-systeme-europeen-de-garanties-bancaire-nasira-sera-actif-au-second-semestre-110-millions-e/

Launched at the Africa-Europe Forum 2018, the European NASIRA bank guarantee programme, which has been entrusted to Dutch development bank FMO, should be operational by the second half of this year. “The contract between the FMO and the European Union is not yet complete, and should be finalised in May or June,” a source close to the project told Jeune Afrique Business+.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Commercial banking

18/01/2022 at 15h43, by Africa Business+

AFD to commit €40 million to EURIZ guarantee by early 2022

The bank guarantee program for loans to SMEs, conducted with the support of the European Union, is half...

Development Bank

10/03/2020 at 16h28, by Aurelie Benoit, updated 11/03/2020

Mohamed Zmander (Enda Tamweel) obtains a €50m ($56.8m) syndicated loan from FMO

The Managing Director, who has been in office since last September, will receive significant financial...

Agribusiness

10/01/2020 at 22h26, by Pierre-Olivier Rouaud, updated 19/01/2021

FMO invests $7.5m in Jacqueline Novogratz’s ARAF impact fund

With its contribution to this New York-based fund, the Dutch development bank aims to support smallholder...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.