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.

Read more development aid news online, and subscribe to The Development Newswire to receive top international development headlines from the world’s leading donors, news sources and opinion leaders — emailed to you FREE every business day.

About the author

  • Eliza villarino 400x400

    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.