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IFC, Dashen Bank seal $10mn risk deal to unlock SME lending in Ethiopia

Rural scene of women doing business. Photo by Random Institute @ Unsplash
Rural scene of women doing business. Photo by Random Institute @ Unsplash

Michael Masrie

Michael Masrie is an Ethiopian journalist and analyst specializing in political economy, geopolitics, diplomacy, and international affairs.
  • IFC provides $10mn risk-sharing facility to Dashen Bank
  • Focus on agribusiness and women-led SMEs

 

ADDIS ABABA, ETHIOPIA – The International Finance Corporation has launched a $20mn risk-sharing partnership with Dashen Bank to expand lending to small businesses in Ethiopia.

  • IFC provides $10mn risk-sharing facility to Dashen Bank
  • Focus on agribusiness and women-led SMEs

 

ADDIS ABABA, ETHIOPIA - The International Finance Corporation has launched a $20mn risk-sharing partnership with Dashen Bank to expand lending to small businesses in Ethiopia

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