Brussels, 09/11/2012 (Agence Europe) - On 7 October, the European Investment Bank (EIB) and United Bank for Africa (UBA), a leading pan-African financial institution, concluded an agreement aimed at strengthening small and medium-sized enterprises (SMEs) in Africa through a €50 million regional funding initiative.
The EIB loan will be used by UBA for on-lending to eligible customers in its countries of operation. The initiative will assist UBA to strengthen its African regional network...