NMB gets US$25m from France’s Proparco

FINANCIAL services firm, NMB Holdings Limited, has secured a multi-purpose US$25 million credit line from French financial group, Proparco Groupe, to support trade and small businesses.

Proparco is the private sector financing arm of Agence Française de Développement Group.

It promotes sustainable economic, social and environmental development by providing funding and support to businesses and financial institutions in Africa, Asia, Latin America and the Middle East.

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