Partnerships
The agreement will continue to support the Group’s efforts to provide financial solutions for SMEs, with a special focus on women-led businesses and those in environmentally responsible sectors.
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The signing of this agreement is the latest milestone in a strategic partnership between the two guarantee funds, which began with the creation of the SGG, and which AGF helped to operationalise.
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Africa faces a significant energy access challenge, with approximately 600 million people lacking electricity as of 2023.
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This agreement signifies the start of a long-term strategic relationship, and it provides a perfect intersection of the AGF's mission to unlock financing for SMEs, and BOI's mandate to catalyse Nigeria's industrialization and economic transformation.
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The partnership marks the beginning of a new chapter in AGF and KNCCI's shared vision of economic empowerment for Africa’s SME sector.
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This strategic partnership, a first of its kind, aims to boost NBM’s lending portfolio and expand its offerings to underserved segments, particularly women-led and green enterprises.
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AGF has renewed its partnership with the largest microfinance bank in Uganda through a USD 25 million Loan Portfolio Guarantee.
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The risk-sharing mechanism, will enable KWFT to increase its on-lending activities to WSMEs with a view of promoting enterprise growth in the Kenya.
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This partnership will enable UBA Group unlock USD 100 million in loans for SMEs across 20 African Countries.
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This partnership will unlock a powerful ecosystem that empowers SMEs to drive Ghana's economic growth.
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The partnership will provide technical assistance on green financing initiatives, to support capacity building of Governments, Financial Institutions, and Green SMEs.
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AGF will also provide tailored guarantee facilities to support climate-smart investments and women SMEs.