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Whistleblowing Line
Small and Medium Enterprises (SMEs) are widely recognized as big drivers of economic growth, innovation, regional development and job creation. A strong and vibrant SME sector provides a strong foundation to increase standards of living and to reduce poverty. Despite the internationally recognized importance of SMEs, African small businesses often have difficulties accessing financing for growth and innovation from the formal financial sector. SME financing is often considered by many financial sector players in Africa to be a risky activity as promoters quite more often than not, fail to come up with the collateral levels required to secure bank facilities.

AFAWA, a joint initiative of AFDB and AGF is a risk-sharing facility that will de-risk lending to women through AGF’s partial guarantees to financial institutions

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AGF and KAM will collaborate to identify and analyze funding gaps, institutional challenges and key impediments in the manufacturing sector and collaborate on implementing solutions to the same.

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Our Shareholders
The Ministry of Foreign Affairs of the Government of Denmark is represented by the Danish International Development Agency, which provides humanitarian aid and development assistance to other countries, with focus on developing countries.
The Ministry of Foreign Affairs and Cooperation of the Government of Spain is represented by the Spanish Agency for International Development Cooperation, whose aim is to combat poverty and promote sustainable human development.
The African Development Bank Group is a regional multilateral development finance institution established to contribute to the economic development and social progress of African countries that are the institution’s Regional Member Countries.

The Nordic Development Fund (NDF) is the joint development finance institution of the five Nordic countries. The objective of NDF's operations is to facilitate climate change investments in low-income countries.

Agence Française de Développement (AFD) is a financial institution and the main implementing agency for France’s official development assistance to developing countries and overseas territories.

IFU is an independent government-owned fund offering advisory services and risk capital to companies wishing to do business in developing countries and emerging markets. Its objective is to contribute to economic and social development in the investment countries.

KfW is a German government-owned development bank that provides financing to governments, public enterprises and commercial banks engaged in microfinance and SME promotion in developing countries.

Our Development Partners

The Swedish International Development Cooperation Agency (SIDA) is a government agency of the Swedish Ministry for Foreign Affairs.

The objective of SIDA is to create opportunities for people living in poverty and under oppression to improve their living conditions.

ATI was launched  in 2001 with a mandate to create insurance and reinsurance products to help reduce the risks and costs of doing business in Africa. It was created to fill a market gap in trade and investment risk mitigation in Africa.
The United States Agency for International Development (USAID) is the U.S. government agency that provides foreign assistance to support shared development objectives. USAID implements Development Credit Authority (DCA) guarantees. 


Video Gallery
AGF & AFDB's AFAWA program to Bridge the Financing Gap for Women in Africa
2018 AGF Annual Report
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West Africa