Togo gets $15M financing from Khalifa fund for its SMEs and SMIs

Investments
Monday, 11 March 2019 16:40
Togo gets $15M financing from Khalifa fund for its SMEs and SMIs

(Togo First) - Togo just signed with the Khalifa Fund for Enterprise Development, in Abu Dhabi, a $15 million (CFA8.7 billion) financing agreement. The facility will be used to support micro, small and medium enterprises in the country.

The agreement was signed, in the United Arab Emirates, by the chairman of Khalifa Fund, Hussain Jasim Al Nowais, and Togo’s minister of economy and finance, Sani Yaya; in the presence of Abu Dhabi’s Crown prince Mohammed bin Zayed and Togo’s president, Faure Gnassingbé.

The Togolese leader, let’s emphasize, is currently in the UAE for a work visit. During his stay, President Gnassigbé will meet various political figures and visit facilities such Abu Dhabi Global Financial and the Khalifa Industrial Zone (KIZAD).

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