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4 results for "small business funding"
Lagos State just released ₦5 billion (roughly $3 million USD) in zero-collateral loans to help cooperative-based small businesses grow. The funds come with a generous 9% interest rate and three years to repay.
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South Africa is launching a $16 million fund specifically for women entrepreneurs in mining, breaking down gender barriers in an industry that has historically excluded them. The initiative is part of a broader $27 million push to help small businesses enter the capital-intensive mining sector.
Ten small businesses in Ghana just won matching grants to grow their tree crops operations and reach global markets. The funding helps them buy equipment, get certified, and build stronger cashew and oil palm industries.
Morocco and the African Development Bank just launched a groundbreaking program that ties funding directly to job creation, helping small business owners turn their dreams into real employment opportunities. The initiative also gives women entrepreneurs special support to bring their projects to life.