Investment funds in local SMEs - proposed transaction - Baobab - Mali

Baobab Mali (BBML) is a major player in micro- and SME lending in Mali. BBML provides credit (micro and SME), savings and other products/services to low-income people and entrepreneurs in mainly urban areas. BBML is a frontrunner in terms of innovation and quality of services in Mali. DGGF will provide a subordinated loan to Baobab Mali of XOF 1.5 billion (approximately EUR 2.3 million).