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>News >BADEA provides Togo $16m to support SMEs

BADEA provides Togo $16m to support SMEs

Togo and the Arab Bank for Economic Development in Africa (BADEA) signed Thursday a $16 million loan earmarked to provide support for the West African country’s Small and Medium Enterprises (SMEs).

Togo’s Finance Minister Sani Yaya and the BADEA President Sidi Ould Tah inked the financing deal on the sidelines of the ongoing Africa SME Champions Forum in Lome, the Togolese capital.

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