Nordic DFIs ready for NORSAD takeover, but hurdles remain

Business December 20, 2010

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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