Thursday, December 12, 2019

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.

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