Cascador and Sterling unveil a $200m credit backstop for Nigerian SMEs

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@Official Cascador press photograph; photographer uncredited.

Cascador and Sterling unveil a $200m credit backstop for Nigerian SMEs

Cascador and Sterling Bank announced a $200 million SME credit backstop on 14 October 2026. The risk-sharing model aims to support up to $1 billion in outstanding lending capacity; that figure is a target, not funds already disbursed. Photo: Cascador CEO Trish Thomas and Sterling Bank executive Obinna Ukachukwu, courtesy Cascador.

WHY TWALE: Recognising work to expand access to appropriate growth capital for Nigerian businesses.

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Cascador and Sterling unveil a $200m credit backstop for Nigerian SMEs

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