BII and Ecobank DRC launch $30m risk-sharing facility for SMEs
The partnership targets agriculture, industrial activity, infrastructure and renewable energy.
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British International Investment (BII), the UK’s development finance institution and impact investor, and Ecobank DRC have announced a $30 million risk‑sharing facility to expand access to finance for small and medium‑sized enterprises across the Democratic Republic of Congo (DRC).
Under its new five‑year strategy, BII has committed that at least 25% of new investments by value will go to frontier markets, defined by the UN as Least Developed Countries. The partnership brings together BII’s commitment to these markets, where private sector capital remains scarce due to structural barriers to investment, and Ecobank DRC’s track record in supporting small businesses in the country.
By sharing risk on new and expanded loans, BII will help Ecobank DRC increase its support to businesses that struggle to access finance due to collateral requirements and limited credit availability. The facility will target sectors critical to the country’s economic development, job creation and more resilient supply chains in the real economy, including agriculture and agro‑processing, industrial, infrastructure, climate‑aligned projects and renewable energy, as well as local entrepreneurship.
Chris Chijiutomi, managing director and head of Africa at BII, said: “Small and medium‑sized enterprises are at the heart of economic development and job creation in the DRC, yet many continue to face significant barriers in accessing the capital they need to grow. As part of BII’s focus on frontier markets, our expanded partnership with Ecobank will enable greater and longer‑term lending to small businesses in the DRC.”
Joel Kabuya, acting managing director of Ecobank DRC, stated: “This strategic partnership with British International Investment represents a major step in strengthening our SME financing capabilities in the DRC. It reinforces our commitment to providing long-term support to the private sector, while applying the highest standards in risk management and responsible finance.”
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