THE European Investment Bank (EIB Global) and Stanbic have launched a 20 million euro credit line to provide longer-term loans at favourable conditions to small and medium-sized businesses (SMEs) in Zimbabwe.
The facility would focus on SMEs and businesses owned or run by women, which employ a significant number of women, or which offer services specifically to women.
The African continent has one of the highest percentages of women entrepreneurs in the world.