Afreximbank channels $75m through DBN for Nigerian SMEs
Afreximbank has committed $75m in financing to the Development Bank of Nigeria to expand credit access for Nigerian SMEs, especially in creative and export Read More: https://punchng.com/afreximbank-channels-75m-through-dbn-for-nigerian-smes/
Afreximbank has committed $75 million in financing to the Development Bank of Nigeria (DBN) in order to expand credit access for Nigerian small and medium-sized enterprises (SMEs), particularly those in the creative and export-oriented sectors. The agreement, signed during the Creative Africa Nexus Weekend 2026 in Lagos, will be disbursed through DBN's participating financial institutions to support working capital, asset acquisition, export financing, and supply chain activities.
The initiative aims to help Nigerian SMEs grow and compete in regional and international markets by providing access to its trade platforms and export-readiness support.
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