Monday, January 27, 2020

Nordic DFIs ready for NORSAD takeover, but hurdles remain

Nordic DFIs have indicated that they might be willing to take over 50 per cent of the Lusaka-based NORSAD fund, which provides loans to smaller firms operating in rural areas in Southern Africa.

But the Nordic agencies fear that a bureaucratic process could make it difficult to turn NORSAD into a viable agency.

Development Today is a subscription-based online journal. To subscribe click here.

If you are already a subscriber to Development Today please log in.

Would you like to know more about Development Today? Click here.