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05 Oct 2022

Nigeria: African Development Bank approves $25 million Trade Finance Facility for FSDH Merchant Bank for local SMEs

The Board of Directors of the African Development Bank Group has approved a $15 million trade finance line of credit and $10 million transaction guarantee for FSDH Merchant Bank in Nigeria. FSDH will use the line of credit to provide loans to local enterprises in Nigeria.

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Independent Development Evaluation, African Development Bank
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