Dangote-backed IFC deal unlocks $20 million in loans for Ethiopian small businesses
Billionaires Africa | 20.02.2026 17:41
Dangote continues to strengthen Africa’s economic landscape as his support underpins a new $10 million partnership between the International Finance Corporation (IFC) and Dashen Bank S.C. in Ethiopia. The agreement, announced on February 18, 2026, is expected to unlock up to $20 million in loans for small and medium-sized businesses, with a focus on agribusinesses and women-led enterprises.
