African Guarantee Fund. Key Features. African Guarantee Fund Secures USD 33 Million Capital Increase To our mandate is to facilitate access to finance for small and medium enterprises to enable them fully play their role of driving the growth of african economies. Careers - African Guarantee Fund - English African Guarantee Fund posted on LinkedIn The Loan Individual Guarantee (LIG) enables the guaranteed party to scale-up its lending activities to the specific qualifying borrower. Oikocredit, a cooperative investor based in the Netherlands, recently signed an agreement valued at USD 25 million with the African Guarantee Fund for Small and Medium-sized Enterprises (AGF). AGF's response sets the platform for economic stabilization, followed by an economic revival through our newly developed COVID-19 Guarantee Facility. ABOUT AGF. Local Business in Nairobi Hill, Nairobi Area, Kenya. African Guarantee Fund on LinkedIn: #africasmechampions #smeforum2022 Coverage: 50% -100% The African Guarantee Fund is focused on its goal to provide financial guarantees for over 10,000 SMEs annually through partner financial institutions. Wed 12 Oct, 2022 - 5:33 AM ET. Home - Thembani Africa Guarantee Fund Not now. African Guarantee Fund Announces Response to Economic Impact of COVID AGF is the first African institution wholly dedicated to mobilizing private resources for SME development across Africa and has over the . NAIROBI, Kenya, January 9, 2020- Africa's leading Guarantee Institution, African Guarantee Fund (AGF) has received an additional USD 33M financing from German lender KfW Development Bank, in a . ABIDJAN, Ivory Coast, February 12, 2021/APO Group/ -- The African Development Bank's (www.AfDB.org) Affirmative Finance Action for Women in Africa (AFAWA) program has agreed a partnership with the African Guarantee Fund (AGF) to unlock $1.3 to 2 billion in loans to women-owned Small and Medium Sized Enterprises (SMEs) in Africa, by working with financial institutions to enhance their ability . Mayfair Centre Ralph Bunche Road, Nairobi Hill, Nairobi,. Partner Agency: African Guarantee Fund (AGF) Implementing Agency: AGF. African Guarantee Fund | LinkedIn The Bank Fundraising Guarantee (BFRG) enables financial institutions to raise funds whose proceeds are used to facilitate scale-up of credit facilities to eligible qualifying borrowers. The African Development Bank's Affirmative Finance Action for Women in Africa (AFAWA) program has agreed a partnership with the African Guarantee Fund (AGF) to unlock $1.3 to 2 billion in loans to women-owned Small and Medium Sized Enterprises(SMEs) in Africa, by working with financial institutions to enhance their ability to lend to women. The African Guarantee Fund - for Small and Medium-Sized Enterprises Ltd (AGF) was incorporated in the Republic of Mauritius on 28th March 2011 as a private company limited by shares in accordance with the Companies Act 2001. Contact Us - African Guarantee Fund - English Create new account. AGF recognises that its' staff are its most important resource and are key to the achievement of AGF's objectives. African Guarantee Fund's COVID-19 response is built on the imperative need for a commercial response beyond the regulatory responses already provided by Africa's governments and central banks. 4.2. African Development Bank partner's with African Guarantee Fund to Our Products. The fund aims to unlock the potential of small and medium-sized enterprises (SMEs) to grow, innovate, create jobs and reduce poverty in Africa. November 18, 2014. African Guarantee Fund (AGF) | GOGLA . PDF African Guarantee Fund (AGF) - OECD African Guarantee Fund has signed a $50 million guarantee agreement with CRDB Bank Plc to boost access to finance for SMEs in Tanzania. whistleblowing Africanguarantee - whistleblowing Africanguarantee The partnership is entirely dedicated to increasing the financing of Small and Medium Enterprises (SMEs) in the agricultural value chain with a focus . Our Portfolio - African Guarantee Fund - GuarantCo The AGF's group chief executive Felix Bikpo (above) explains exactly what his organisation does and its strategies and priorities going forward. The Board of Directors (BOD) is at the core of African Guarantee Fund's system of corporate governance and is ultimately accountable and responsible for the performance and affairs of the Company. This is a guarantee that facilitates acquisition of funds by a financial institution intended for onward lending to SMEs. African Guarantee Fund is a link that enables banks and other lending institutions to scale up their SME financing through the provision of partial financial guarantees and capacity development assistance. About Us. Retention Guarantee. | The African Guarantee Fund for Small and Medium Enterprises (AGF) contributes to the promotion of economic development vital for prosperity, stability and poverty reduction in Africa by enabling SMEs have increased . AGF contributes to the promotion of economic development vital for prosperity, stability and. 1mo. 11,358 people follow this. 24 check-ins. This essentially guarantees that the customer will not pull out of the bidding process. 11,011 people like this. The African Guarantee Fund is a Pan-African non-bank financial institution created in 2011 by the African Development Bank (AfDB), the Danish International Development Agency (DANIDA) and the Spanish Agency for International Development Cooperation (AECID). A bond issued by the bank on behalf of a customer to aid the bidding for a contract. P.O. Standby Letter of Credit. We encourage you to submit any documents relevant to your information by clicking on the "Add Documents" button. The achievement of AGF's strategic objectives is dependent on having the right number of staff, with the right knowledge, skills and competencies deployed in the right roles. AGF 20 February, 2020; Senior Internal Controller - BILINGUAL at African Guarantee Fund (AGF) African Solidarity Fund - Wikipedia African Guarantee Fund receives strong 'AA-' Fitch rating Bikpo has more than 20 years' experience in banking and . Rawbank et l'African Guarantee Fund renforcent leur partenariat ddi Interview: Felix Bikpo, Group CEO, African Guarantee Fund The facility allows AGF to fulfil its current 5-year strategic cycle goal of increasing investments in the infrastructure sector and . THE AFRICAN GUARANTEE FUND Company Profile | Nairobi, Kenya Accordingly, AGF's Insurer Financial Strength (IFS) Rating of 'AA-' is notched up two levels from its . On the same occasion, the African . African Development Bank's AFAWA, African Guarantee Fund, partner to It has been granted a Category 1 Global Business License by the Financial Services Commission. Adjust font size |. African Guarantee Fund - Posts | Facebook African Guarantee Fund | LinkedIn When providing information, please be as specific as you can and provide as much detail as possible. The African Guarantee Fund is a non-bank financial institution in Africa. Closes in 45 minutes. The deal increases the parties' 10-year loan guarantee volume to USD 43 million, allowing Oikocredit to increase its lending to African businesses in a range of categories,Continue reading Forgot account? fund guarantee african. AGF has two lines of activities: the guarantee activity and the capacity building activity. Guarantees - Bank Of Africa Ghana African Guarantee Fund is a non-bank financial institution whose objective is to promote economic development, increase employment and reduce poverty in Africa by providing financial institutions with guarantee products and capacity development assistance specifically intended to support SMEs in Africa. africanguaranteefund.com thng tin truy cp - Uc tnh c gi tr african guarantee fund - english. Box 57795 - 00200. African Guarantee Fund - African Business African Guarantee Fund for Small and Medium-sized Enterprises Ltd. 4.2 out of 5 stars. In order for us to best understand your information, we encourage you to answer all the questions that you can. decrease [-] Normal increase [+] Home. Get the latest business insights from Dun & Bradstreet. It is owned by the Government of Denmark through the Danish International Development . Our Publications; frequently asked questions; corporate social responsibility; Bid/Tender Guarantee. The African Guarantee Fund for Small and Medium Enterprises (AGF) contributes to the promotion of economic development vital for prosperity, stability and poverty reduction in Africa by enabling SMEs have increased access to financing. MICROCAPITAL BRIEF: African Guarantee Fund to Back Additional $25m in Nairobi, KENYA African Guarantee Fund and responsAbility Partner to boost Agri-SME Payment Guarantee. The African Guarantee Fund for Small and Medium- sized Enterprises (AGF) is incorporated and licensed in Mauritius as a limited liability company and has its office of operation in Nairobi, Kenya. African Guarantee Fund , through its subsidiary, AGF West Africa, has signed a USD 10 million loan portfolio guarantee with FSDH Merchant Bank to increase access to financing for SMEs in Nigeria . African Guarantee Fund - Fintech Finance 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 . Bank Fundraising Guarantee - African Guarantee Fund - English #PANEL Don't miss our roundtable on #SMEs, the cornerstone of the African economy. Employing around 2/3 of the African workers . African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) is a pan-African non-bank financial institution whose aim is to promote economic development, increase employment and reduce poverty in Africa by assisting financial institutions to scale up their SME financing. Objective. African Guarantee Fund Company Profile | Management and - Datanyze African Guarantee Fund for Small and Medium-sized Enterprises African Guarantee Fund provides Guarantees & Capacity Development to Financial Institutions to increase SME financing. Therefore, TAGF assists women in improving their business ideas to break into the market through small business funding.Furthermore, for their businesses to function properly, we provide training and mentorship to the women who are still trying to loom their businesses up. Performance Guarantee (bond) Advance Payment Guarantee. or. Find company research, competitor information, contact details & financial data for THE AFRICAN GUARANTEE FUND of Nairobi. Author: Felix Adahi Bikpo, CEO, African Guarantee Fund. Jobs at African Guarantee Fund (AGF) | MyJobMag African Guarantee Fund Profile and History . Community See All. African Guarantee Fund | 14,753 followers on LinkedIn. Small and medium-sized enterprises (SMEs) are widely recognised as big drivers of economic growth, innovation, regional development and job creation. African Guarantee Fund - African Guarantee Fund - English. . The portfolio re-guarantee transaction allows AGF to leverage USD 4 million of its capital into USD 45 million of guarantee capacity that will be deployed into Infrastructure projects developed by African SMEs. SME growth key to Africa's future, says African Guarantee Fund We fully understand that most business ideas fail because of a lack of planning and poor idea execution. African Guarantee Fund - African Guarantee Fund - English African Guarantee Fund: A Guarantee for African Growth African Development Bank Group (AfDB) / Press release | African The African Development Bank's Affirmative Finance Action for Women in Africa (AFAWA) program agreed to partner with the African Guarantee Fund (AGF) to provide $1.3 to 2 billion in loans to women-owned Small and Medium-Sized Enterprises (SMEs) in Africa, by working with financial institutions to enhance their ability to lend to women. Description: The African Guarantee Fund (AGF) is a company limited by shares incorporated under the business laws of Mauritius. Muthangari Road, Lavington. African Guarantee Fund - Home | Facebook 14,061 followers. The AGF Green Guarantee Facility (GGF or Facility) will establish a climate-focused guarantee product available to small and medium-sized enterprises (SMEs) in Africa. See more of African Guarantee Fund on Facebook. Benefits. On 1st June 2012, during the AfDB's Annual Meetings, held in Arusha, Tanzania, the AfDB's President Donald Kaberuka, announced the official launch of the African Guarantee Fund (AGF), a market-friendly guarantee scheme aims at easing access to finance for African small SMEs. The African Solidarity Fund (ASF), also known by its French name and acronym (Fonds de Solidarit Africain, FSA), is a multilateral, financial guarantee institution based in Niamey, Niger.The purpose of the ASF is to contribute to the economic and social development of its regional member states by facilitating access to credit for states and public and private enterprises in its area of . The AGF is owned by the Media. African Business brings you the latest news and updates from AGF. The African Guarantee Fund (AGF) works with financial institutions across the continent to help extend much needed finance to the sector. Board Of Directors - African Guarantee Fund - English It picks up on momentum from the 2015 Paris Climate Agreement and introduces a specialized green . About AFRICAN GUARANTEE FUND. "This exceptional rating is a sign of confidence and trust in AGF's operational excellence, particularly now that financial institutions are in need of cushioning to continue . Website africanguaranteefund.com c th hng thp so vi hn 2.1 t website trn th gii. It specialises in providing loan guarantees and other guarantee products to African financial institutions (commercial banks, leasing companies, micro-finance institutions, and others). African Guarantee Fund posted images on LinkedIn. A strong and vibrant SME sector provides a strong foundation to increase standards of living and to reduce poverty. African Guarantee Fund has partnered with one investment vehicle managed by responsAbility Investments AG (responsAbility) through a Loan Portfolio Guarantee facility amounting to USD 5 million. African Guarantee Fund is a non-banking financial institution whose objective is to promote economic development, increase job creation and reduce poverty in Africa by providing guarantee solutions and capacity building support to financial institutions specifically aimed at supporting SMEs in Africa. The African Guarantee Fund recently received a third time AA- Rating by Fitch, which was first assigned in November 2017, a first for a guarantee fund in Africa. Careers. AFRICA HOUSE. Key Rating Drivers Ownership Is Positive: Fitch Ratings expects shareholders would provide financial support to African Guarantee Fund for Small and Medium-sized Enterprises Ltd. (AGF) in case of need. African Guarantee Fund - English Loan Individual Guarantee - African Guarantee Fund - English . The move signals the launch of AFAWA's Guarantee . Log In. African Guarantee Fund Green Guarantee Facility [NDF C88] About Us - African Guarantee Fund - English Useful links.