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About African Guarantee Fund
The African Guarantee Fund (AGF) is a specialized guarantee provider aimed at facilitating economic development and poverty reduction in Africa. AGF offers tailored guarantees to reduce risk for financial institutions, enabling them to extend credit to small- and medium-sized enterprises (SMEs) without stringent collateral requirements. Their services include capacity development for financial institutions and innovative financial products. The target audience is SMEs across Africa, with a focus on bridging the $330 billion SME financing gap. AGF's unique selling proposition is its ability to address critical financing gaps through blended finance models, such as the Green Guarantee Facility and AFAWA Guarantee for Growth[1].
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