Africa’s best bank for SMEs: Bank of Africa

Morocco-based Bank of Africa boasts a long and storied history as a leading lender to regional small and medium-sized enterprises. Last year, it secured a €50 million credit line from the European Bank for Reconstruction and Development to increase financing for SMEs across the continent.

Morocco-based Bank of Africa boasts a long and storied history as a leading lender to regional small and medium-sized enterprises. Last year, it secured a €50 million credit line from the European Bank for Reconstruction and Development to increase financing for SMEs across the continent.

A key project, signed by Bank of Africa in alliance with the EBRD last year, was a €20 million financing facility that channels capital directly to women entrepreneurs.

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