The African Guarantee Fund (AGF), a frontrunner in advancing Small and Medium-sized Enterprises (SMEs) financing across Africa, has entered into a strategic Cooperation Agreement with FSD Africa, a trailblazing development agency dedicated to transforming Africa’s long-term financial landscape. This collaboration aims to drive the growth of Green SMEs by providing vital financial support, technical assistance, and capacity building.
The signed Cooperation Agreement delineates a comprehensive framework for collaboration, with a primary focus on promoting sustainable development in Africa. Key facets of this partnership include supporting the development of financial products for institutions, providing partial credit guarantees for bonds and funds raised on behalf of SMEs, and organizing capacity-building events.
Read the original article here: https://www.africa-newsroom.com/press/african-guarantee-fund-and-fsd-africa-partner-to-boost-green-small-and-mediumsized-enterprise-sme-financing?lang=en