PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

603770

Primary Business Area

Financial Institutions Group

Disclosure Date

May 13, 2020

Country

Angola

Region

Africa

IFC Approval Date

Mar 20, 2019

Status

Completed

Estimated Total Budget

$1,245,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 18, 2024

Project Estimated Start Date

Apr 1, 2019

Project Estimated End Date

Dec 31, 2020

Project Description

The IFC advisory project with Banco Millennium Angola (BMA) goal is to build capacity within the Bank to develop and strengthen its SME and Banking on Women program and improve access to finance opportunities for local SMEs including women owned. The project will cover the following areas: (1) strategy, (2) product development, (3) risk management and (4) staff capacity building.

Development Results

E&S Risks / Impacts and Mitigation