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Mobilising funds with an SME profile: Togo signs an agreement with BADEA

10/10/2023
Source : ORISHAS FINANCE
Categories: Sectors

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BADEA has signed an agreement with Togo in order to activate certain development projects in the country. The institution announced its ambition to strengthen its portfolio in the country.

The Togolese government concluded an agreement with the bank worth 10 billion FCFA, in the run-up to the Africa SME Champions Forum international meeting held in Lomé. Togolese SMEs will benefit from additional support from the Arab Bank for Economic Development in Africa to help their development. In addition, another agreement has been signed with the AGF to strengthen guarantees for local SMEs

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