African Leasing Company under the African SMEs Programme

The Africa SME Program is a funding Program aimed at supporting SMEs in Africa. It will provide standardized multi-currency Lines of Credit (LoCs) and Technical Assistance (TA) to around 25 target FIs, predominantly in LIC / ADF countries spread over all 5 African regions. The Lines of Credit are to be used for on-lending to SME clients. The TA will be provided to the borrowing FIs to enhance their capabilities to provide SME loans, and to SME clients to enhance bankable loan requests.