FNB has donated R200m to the Vumela Enterprise Development Fund for deployment into new, innovative alternative SME financing solutions, aiming to benefit approximately 150 businesses, and creating over 1,000 jobs. Significant and growing unemployment and poverty are risks to the sustainability of South Africa. A growing and sustainable SME sector does a great deal to
Unity Bank Plc has signed a strategic partnership with Dynamiss, a digital learning solution provider, to provide low-interest credits to schools to boost access to digital learning resources in Nigeria. A statement from the bank explained that under the partnership, a full e-learning package comprising Microsoft School Portal, Discounted Airtel Data and Free Contents and
Wema Bank Plc has announced its signing of a credit line agreement with the African Development Bank (AfDB) to grow financial support to small and medium scale businesses in Nigeria. According to a statement from the bank, the AfDB had already disbursed the $15 million agreed with the multilateral development finance institution. In addition, the
