ABC Fund accelerates its investments in microfinance and cooperative lending in Africa

The ABC Fund today announces that it has completed a latest round of investments totaling EUR 6.4 million across four microfinance providers in Mali, Kenya and Uganda. The Fund will finance the savings and credit cooperatives Nyesigiso in Mali and EBO in Uganda, as well as the Kenya-based credit-only microfinance institutions Premier Credit Kenya and Yehu. The capital is targeted at supporting thousands of smallholder farmers, especially women.