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African Guarantee Fund

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    • BGFIBank Senegal MD, Khady Boye & AGF West Africa MD, Bendjin Kpeglo
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Source: African Guarantee Fund |

Framework agreement between African Guarantee Fund (AGF) and Banque Gabonaise et Française Internationale (BGFIBank) Group for an enhanced collaboration in support of Senegalese Small and Medium-sized Enterprises (SMEs)

The purpose of this agreement is to provide a portfolio guarantee to facilitate access to finance for SMEs, with a total cover of 3 billion CFA francs

African Guarantee Fund (AGF) (www.AfricanGuaranteeFund.com) and the BGFIBank Group have entered into a framework agreement with the objective of enhancing access to finance for Small and Medium-sized Enterprises (SMEs) in Africa. On Monday 21 October 2024, the BGFIBank Senegal subsidiary signed a specific agreement with AGF, marking a new phase…

African Guarantee Fund

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    • FSD Africa CEO Mark Napier and AGF Group CEO Jules Ngankam
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Source: African Guarantee Fund |

African Guarantee Fund and FSD Africa partner to boost Green Small and Medium-sized Enterprise (SME) Financing

The main aspects of this partnership involve assisting in the development of financial products for institutions, offering partial credit guarantees for bonds and funds raised on behalf of SMEs, and conducting capacity-building events

The African Guarantee Fund (AGF) (https://AfricanGuaranteeFund.com), a leader in promoting financing of Small and Medium-sized Enterprises (SMEs) across Africa and FSD Africa, a pioneering development agency committed to reshaping Africa's long-term financial landscape, have today signed a strategic Cooperation Agreement aimed at propelling the growth of Green SMEs by providing…

African Guarantee Fund

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    • Left to Right: Vista Group Holding Chairman Simon Tiemtore, Vista Group Holding CEO Yao Kouassi, AGF Group CEO Jules Ngankam and AGF Chairman Felix Bikpo
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Source: African Guarantee Fund |

African Guarantee Fund and Vista Group Holding Partner to Boost Small and Medium-sized Enterprises (SME) and Women-led Businesses Financing in West Africa

The partnership leverages the Affirmative Finance Action for Women in Africa (AFAWA) Guarantee for Growth program that aims to unlock up to USD 3 billion in financing for Women SMEs in Africa

The African Guarantee Fund (AGF) (www.AGF.africa) has signed a landmark partnership agreement with Vista Group Holding to accelerate access to finance for small and medium-sized enterprises (SMEs) including women-led businesses in four West African countries: Burkina Faso, The Gambia, Guinea, and Sierra Leone. This collaboration will see AGF provide a…

African Guarantee Fund

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    • Jules Ngankam, Group CEO, African Guarantee Fund speaking at the Green Finance Conference in Lilongwe, Malawi (1)
    • Jules Ngankam, Group CEO, African Guarantee Fund speaking at the Green Finance Conference in Lilongwe, Malawi (2)
    • Jules Ngankam, Group CEO, African Guarantee Fund speaking at the Green Finance Conference in Lilongwe, Malawi (3)
    • Hon Ibrahim Matola, Minister of Energy, Malawi (1)
    • Hon Ibrahim Matola, Minister of Energy, Malawi (2)
    • Hon Ibrahim Matola, Minister of Energy, Malawi (3)
    • Lyness Nkungula, CEO, Bankers Association of Malawi (1)
    • Lyness Nkungula, CEO, Bankers Association of Malawi (2)
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    • Bankers Association of Malawi, CEO Speech
    • Green Finance Conference, Malawi Speech, Jules Ngankam
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Source: African Guarantee Fund |

Revolutionising Sustainable Development: African Guarantee Fund and Nordic Development Fund Take Lead in Fostering Green Finance in Malawi

Malawi’s Vision 2063 reinforces the need to increase the nation’s resilience in agricultural technology by adapting innovative technologies

The African Guarantee Fund (AGF) (http://www.AGF.Africa) in partnership with the Nordic Development Fund (NDF) kicked off the 8th Edition of the Green Finance Conference in Lilongwe, Malawi earlier today. The high-level conference attended by key players in the Malawi Finance and Energy Sectors, regulatory-policy stakeholders and Green SMEs highlighted the contribution…

African Guarantee Fund
Source: African Guarantee Fund |

African Guarantee Fund Appoints Jules Ngankam as Group Chief Executive Officer

The appointment follows his recent nomination as Acting Group CEO at the beginning of July 2020, when the founding CEO transitioned to Board Chairman

Ngankam’s appointment was confirmed by AGF Board of Directors on 22nd September 2020; He has worked with the pan-African financial guarantee provider for the past seven years. African Guarantee Fund (www.AfricanGuaranteeFund.com) has announced the appointment of Jules Ngankam as the new Group Chief Executive Officer. The appointment follows his recent…

African Guarantee Fund
Source: African Guarantee Fund |

The pan-African guarantee fund’s first CEO Felix BIKPO will transition to Board Chairman and Deputy CEO Jules NGANKAM appointed as Acting Chief Executive Officer

Mr. NGANKAM joined the Company in 2013 as Chief Finance Officer and was appointed Deputy Chief Executive Officer by the Board on 20 April 2017

After a 9-year tenor since the founding of African Guarantee Fund (www.AfricanGuaranteeFund.com) for Small and Medium-sized Enterprises (AGF), Group Chief Executive Officer Felix BIKPO decided to retire from his position. Mr. BIKPO was however requested to continue offering his services to the Company in a new capacity as Board Chairman.…

African Guarantee Fund
Source: African Guarantee Fund |

African Guarantee Fund Announces Response to Economic Impact of COVID-19

Fund Unveils COVID-19 Guarantee Facility Aimed at Reducing Financial Uncertainties Resulting from the Pandemic

African Guarantee Fund (www.AfricanGuaranteeFund.com) for Small and Medium-sized Enterprises (AGF), has today announced its COVID-19 response aimed at reducing the uncertainties facing financial institutions in Africa as a result of the global coronavirus pandemic. AGF’s COVID-19 response is built on the imperative need for commercial solutions over and above the…

African Guarantee Fund
Source: African Guarantee Fund |

Boon for African Small and Medium-Sized Enterprises (SME) as African Guarantee Fund receives USD 33 Million Capital Increase

The African Guarantee Fund is focused on its goal to provide financial guarantees for over 10,000 SMEs annually through partner financial institutions

Africa’s leading Guarantee Institution, African Guarantee Fund (AGF) (http://www.AfricanGuaranteeFund.com/) has received an additional USD 33M financing from German lender KfW Development Bank , in a move that will catapult AGF’s efforts to enable African SMEs continue to play their critical role in driving Africa’s economy. This new financing comes at…

African Guarantee Fund
Source: African Guarantee Fund |

The African Guarantee Fund joins African Banker Awards as platinum sponsor capping a remarkable year for the fund

This year’s awards will take place in Busan, Korea during the AfDB’s annual meetings in May

The African Guarantee Fund (AGF) (www.AfricanGuaranteeFund.com) was officially launched in 2012, as an initiative of the African Development Bank alongside the governments of Spain and Denmark to help financial institutions lend more to SMEs by providing guarantees against risk of defaults. In the last two years the AGF has added…

African Guarantee Fund

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    • Felix BIKPO- Chief Executive Officer , AGF and Lasitha PERERA- Chief Executive Officer, GuarantCo
    • Felix BIKPO- Chief Executive Officer, AGF and Lasitha PERERA- Chief Executive Officer, GuarantCo
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    • The African Guarantee Fund CEO Mr. Felix A Bikpo(left) and the GuarantCo CEO Mr. Lasitha Perera (right) during the signing of the 75M USD portfolio guarantee set to benefit Small and Medium sized enterprises in Africa’s infrastructure sector
    • The African Guarantee Fund CEO Mr. Felix A Bikpo shakes hands with his GuarantCo Counterpart Mr. Lasitha Perera after signing the partnership
    • The African guarantee fund and GuarantCo share a picture moment after the signing of their partnership
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Source: African Guarantee Fund |

African SMEs Set to Benefit from USD 74M Guarantee

SMEs in Africa’s infrastructure sector to benefit from African Guarantee Fund’s increased capacity through GuarantCo’s re-guarantee facility

The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) (www.AfricanGuaranteeFund.com) has today entered into a re- guarantee transaction of an amount of up to USD 74 million with GuarantCo (www.GuarantCo.com), to increase its guarantee capacity for SME financing. SME’s have a large and growing impact on GDP in emerging…