The British International Investment (BII) and INOKS Capital announced first-of-its-kind Africa-focused Trade Access Programme (TAP) to help increase needed liquidity to SMEs and target trade intermediaries in Africa.
TAP launched with $25 million capital from the BII. The programme is part of a larger trade access platform undertaken by BII to directly fund SMEs and trade intermediates, such as agritech, fintechs and alternative trade financiers whose technological and digital solutions will help BII reach much smaller borrowers who are active members of local supply chains.
