Proparco signs loan with pan-African Ecobank

Region:

Middle East & Africa

Mayur Pande

Analyst

French-headquartered development finance institution Proparco has signed a $50 million loan with the pan-Aafrican banking group Ecobank. The loan was signed with Ecobank Transnational Incorporated (ETI), the holding company of Ecobank Group. It has a 10-year tenor. Pricing details were not disclosed.

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