Sterling Bank, Proparco sign $30m facility for renewable energy, agricultural SMEs

KEY POINTS MAIN STORY Sterling Bank and French development finance institution Proparco have signed a $30m senior credit facility to finance renewable energy projects and small and medium-sized enterprises (SMEs) operating along Nigeria’s agricultural value chains. The agreement allocates $24m, or 80 per cent of the facility, to renewable energy financing, while the remaining $6m … Continue reading Sterling Bank, Proparco sign $30m facility for renewable energy, agricultural SMEs