TechAfrica News·3 min read·medium
KCB Bank Kenya Secures US$100 Million EBRD Facility to Expand MSME Financing
J
Jennifer Onyeagoro
✦AI Summary
KCB Bank Kenya has secured a $100 million facility from the EBRD to expand financing for micro, small, and medium enterprises. The funding specifically targets women-led businesses and green investments to promote sustainable economic growth.
The funding is expected to help businesses adopt climate-smart technologies and sustainable business practices while improving access to affordable financing.
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