FSD Africa has introduced the Manager Finance Facility (MFF), an initiative aimed at strengthening locally rooted capital providers and improving access to suitable financing for small and growing businesses across Africa. The facility was launched in Nairobi and Lagos and will provide catalytic, returnable capital to Alternative Local Capital Providers (ALCPs) working on new financing models for businesses. The initiative is supported by FMO and the UK Government’s Foreign, Commonwealth and Development Office (FCDO) Nigeria. FSD Africa said many small and growing businesses still face difficulties securing funding from traditional financial...