USAID and Equity BCDC partner to unlock $5 million in loans to small-scale artisanal miners in eastern DRC
The United States Agency for International Development (USAID) and Equity BCDC have partnered to unlock financial services and products for small-scale artisanal miners in eastern Democratic Republic of Congo (DRC) through the Zahabu Safi Project (Clean Gold) from USAID. As one of the largest banks in the DRC, Equity BCDC will invest USD 500,000 of its own funds combined with USD 200,000 grant from USAID’s Zahabu Safi (Clean Gold) project to create a blended finance solution authorized to reduce the mining risk of lending to the artisanal mining sector. This partnership…
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