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Project Summary Note - STANBIC IBTC BANK PLC – Nigeria

Long-term financing to a new client of the AfDB, Stanbic IBTC Bank PLC of Nigeria (“SIBTC”), for onlending to small and medium-sized enterprises (“SMEs”) operating in various sectors of the Nigerian economy, including agriculture/agribusiness, transportation and manufacturing, as well as for financing renewable energy and energy efficiency (“RE/EE”) projects in Nigeria.

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