$80m staked for SMEs
Published On March 22, 2024 » 728 Views» By Times Reporter » Business, Stories
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. Obeta

By KETRA KALUNGA –
THE United Bank of Africa (UBA) and the Africa Continental Free Trade Area (AfCFTA) have signed an agreement for $80 million financing to eligible Small and Medium Enterprises (SMEs) across Zambia in the next three years.
UBA Zambia Managing Director and Chief Executive Officer Chinedu Obeta said the bank last September made a commitment to support SMEs in Africa with $6 billion financing across 20 countries of operation that included Zambia.
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