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The capital increase is partially financed by the Danish Government, as part of the Danish “COVID-19 Development Assistance” package. AGF's recognition is credited to setting up an ecosystem that creates value as well as having high impact initiatives in Africa. AGF issues first tranche of USD 50M Guarantee to Equity Bank to support SMEs in Kenya, Uganda, Rwanda & DRC AGF has issued a loan portfolio guarantee amounting to USD 10 million to Afriland First Bank. The partnership will unlock $1.3 to 2 billion in loans to women-owned SMEs in Africa. This financial guarantee will be entirely dedicated to Small and Medium Enterprises qualified for green financing.