STATEMENT ON SCAM – “AGF CERTIFICATE”
As the coronavirus (COVID-19)
pandemic continues to impact Africa, scammers have seized the opportunity to
prey on the greatly impacted small and medium-sized enterprises (SMEs).
African Guarantee Fund – for
Small and Medium-sized Enterprises Ltd (“AGF”) has received reports of
scam emails offering loans to SMEs, upon receipt of a mandatory AGF
Certificate. The said certificate is apparently issued at a cost of about USD
The email scammers are
impersonating development organisations and obtaining identification cards,
passport photos, bank statements, Credit Reference Bureau reports, business
plans and other documents which is likely to be a phishing attempt to
get banking or other personal information from its victims.
During this unprecedented period, AGF would like to warn SMEs about criminals seeking to take advantage of the pandemic in order to obtain money or sensitive personal information. We urge everyone to be wary of emails and any other communication that purport to be from AGF or in partnership with AGF, asking for your information or for money.
The domain currently being
used by the scammers is africaguarantefund.com
and not africanguaranteefund.com
which is our legitimate domain. The said company offering the certificate is
also termed as Africa Guarantee Fund
which closely mimics our company name – African
All our official communication
is published on our website and we wish to implore the public to always verify
all communication by visiting our website. https://africanguaranteefund.com/news-coverage/
AGF is working with
authorities to identify and curb these scammers. For those who have
unfortunately fallen victim of this coronavirus scam, please contact law
You can reach us on email via email@example.com as well as through our
official social media accounts linked to our website.