Tag: Credit

Tanzania seeks US$ 114 Million IMF’s Credit

By Our Correspondent Lagos INVESTADVOCATE)-Tanzania Tuesday said its seeking to draw US$114 Million Standby Credit Facility (SCF) of the International Monetary Funds (IMF).   This is contained in a Press Release from the IMF and made available to www.investadvocateng.com in Lagos Nigeria. “The Tanzanian authorities have informed the International Monetary […]

Unmet Credit Needs in Developing Countries Hits $850 bn SMEs, $2.5 trillion Micro SME’s

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) -Unmet credit needs of formal Small and Medium Enterprises (SMEs) in the developing world is estimated to be $850 billion; while that of Micro, Small, and Medium Enterprises is estimated to be $2.5 trillion. This is contained in a new study “Assessing Private Sector […]