news coverage

The program is an initiative of the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund. This portfolio guarantee is backed by the AFAWA Guarantee for Growth program, which aims to unlock up to $3 billion in loans for women entrepreneurs in Africa. AGF has issued a portfolio guarantee line amounting to CFAF 1.6 billion to Ecobank Benin to support SMEs, women’s entrepreneurship and the green economy. The facility will fuel the growth of SMEs, women-led businesses and climate-friendly investments in Kenya. The partnership targets women- owned businesses, as well as those in the sustainable energy sector. This guarantee has enabled the financing of a rooftop solar PV facility at the factory premises of Miniplast Limited in Accra, Ghana.