Cote d’Ivoire: IFC Invests €25 Million in NSIA, Helps Finance Businesses in Côte d’Ivoire During COVID-19

Abidjan, Côte d’Ivoire — IFC, a member of the World Bank Group, today announced a €25 million, one-year senior loan to NSIA Banque Côte d’Ivoire (NSIA), allowing the bank to extend new trade-related or working capital loans to companies whose cash flows have been disrupted by the Covid-19 pandemic.

The loan is IFC’s first investment in Côte d’Ivoire as part of its global COVID-19 fast-track financing support package, designed to help client financial institutions — and the thousands of…

Read more on AllAfrica.com

South Africa Today Africa – West Africa Côte d’Ivoire (Ivory Coast) News

Disclaimer: The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with SouthAfricaToday.net, you are agreeing to all the provisions of the Terms of Use Policy and the Privacy Policy.