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Tag Archives: China Development Bank UBA Sign $100 million loan deal to support SMEs in Africa

China Development Bank, UBA Sign Letter of Intent for a $100 million Loan Deal to Support SMEs in Africa

UNITED Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a letter of intent for  $100 million seven-year to finance the development of small and medium enterprises (SMEs) in Africa. The $100 million loan will enhance UBA’s capacity to provide access …

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