AGF is a Pan-African financial institution that promotes economic development, increases employment and reduces poverty in Africa by providing financial institutions with guarantees and other financial products specifically intended to support Small and Medium-sized Enterprises in Africa.
AGF’s risk sharing mechanism is offered to financial institutions to increase their lending towards SMEs operating in all sectors that drive economic growth.
AGF’s AA- Fitch rating has a positive and quantifiable impact on banks' balance sheets, especially in light of applicable regulatory standards (Basel II & Basel III and IFRS9).
AGF’s Capacity Development assistance to Partner Financial Institutions complements its guarantee products by providing strategic support to PFIs in order to mitigate their operational risks when on lending to SMEs.
AGF contributes towards sustainable development through its Green Guarantee Facility particularly designed to support SMEs investing in or adopting green technologies that help to reduce the effects of climate change.
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 […]
African Guarantee Fund contributes to the promotion of economic development in Africa through provision of Partial Guarantees & Capacity Development to Financial Institutions to facilitate access to finance for Small and Medium-sized Enterprises.
