Japan Boosts AfDB Lending for SMEs

Japan has extended around $108 million to the African Development Bank in support of the latter’s projects benefiting small and medium-sized enterprises and the rest of the private sector in Africa.

The concessional loan fulfills Japan’s commitment at the G-8 Gleneagles summit to provide $1 billion to Africa through AfDB.

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About the author

  • Eliza Villarino

    Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.