British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has announced the launch of Growth Investment Partners (GIP) Ghana. The new platform, which will be supported with a commitment of up to US$50m from BII (formerly known as CDC Group plc), will provide long-term flexible capital, primarily in local currency, to small and medium-sized enterprises (SMEs) in the West African country. The announcement comes during the Foreign Secretary’s visit to Ghana as part of a four-day visit across the continent to reinforce the UK’s commitment to boost long-term economic growth in Africa.
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Posted on Aug 7, 2023 Region: West Africa
SME financing SME lending, BII, Ghana Investment Support Programme, GIP, James Cleverly, Chris Chijiutomi, Jacob Kholi, Kwabena Asante-Poku