Tags: UBA $100m Loan

UBA, China Development Bank Sign $100m Loan Deal For SMEs in Africa

Pan-African banking group, United Bank for Africa (UBA) Plc, and the world’s largest development finance institution, China Development Bank (CDB) have signed a $100 million seven-year loan agreement to finance the development of small and medium enterprises (SMEs) in Africa. The deal was signed on February 27, 2018 by executives of the two financial institutions…