{"id":59852,"date":"2025-01-23T18:32:31","date_gmt":"2025-01-23T18:32:31","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=59852"},"modified":"2025-01-23T18:32:31","modified_gmt":"2025-01-23T18:32:31","slug":"fcmb-proparco-partner-to-boost-women-led-businesses-agriculture","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/01\/23\/fcmb-proparco-partner-to-boost-women-led-businesses-agriculture\/","title":{"rendered":"FCMB, Proparco Partner to Boost Women-Led Businesses, Agriculture"},"content":{"rendered":"<p><strong>By Our Correspondent\u00a0<\/strong><\/p>\n<p>First City Monument Bank (FCMB), and Proparco have strengthened their partnership with a $35 million senior credit line and two guarantees\u2014ARIZ (\u20ac3 million) and EURIZ (\u20ac6 million)\u2014signed on January 20, 2025.<\/p>\n<p>The deal, facilitated under the European Union&#8217;s EFSD programme, aims to empower small and medium enterprises (SMEs), with a focus on agriculture (90%) and women-led businesses (10%).<\/p>\n<p>This initiative enhances FCMB&#8217;s role as a leading SME bank in Nigeria and aligns with global development goals, such as SDG 2 (Zero Hunger) and SDG 8 (Decent Work and Economic Growth). The funding will support high-impact sectors, including agriculture and renewable energy, fostering job creation and economic progress.<\/p>\n<p>Proparco Deputy CEO Djalal Khimdjee emphasized the partnership&#8217;s impact: &#8220;This collaboration enables the growth of SMEs, advances gender equality, and strengthens food security in Nigeria, building a sustainable and resilient economy.&#8221;<\/p>\n<p>Since 2014, Proparco has supported FCMB in advancing Nigeria&#8217;s economic development. This latest collaboration reaffirms both institutions&#8217; commitment to inclusive growth and sustainable economic transformation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Our Correspondent\u00a0 First City Monument Bank (FCMB), and Proparco have strengthened their partnership with a $35 million senior credit line and two guarantees\u2014ARIZ (\u20ac3 million) and EURIZ (\u20ac6 million)\u2014signed on January 20, 2025. The deal, facilitated under the European Union&#8217;s EFSD programme, aims to empower small and medium enterprises (SMEs), with a focus on [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":59853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173,172],"tags":[],"class_list":["post-59852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/59852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=59852"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/59852\/revisions"}],"predecessor-version":[{"id":59854,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/59852\/revisions\/59854"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/59853"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=59852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=59852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=59852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}