ANGOLA – The Board of Directors of the African Development Bank has approved a US$40 million financial package to support Angola’s Banco Millennium Atlântico (BMA) to bolster local production and job creation through its portfolio of small and medium-sized enterprises. The package consists of a US$32 million line of credit from the African Development Bank and an additional US$8 million in parallel financing from the Africa Growing Together Fund (AGTF), a co-financing fund sponsored by the People’s Bank of China and administered by the African Development Bank. The facility will…
Read MoreAfDB approves US$40M package for Angola’s Banco Millennium Atlântico to support SMEs
