Ecobank, AGF seal $200m risk-sharing agreement deal to boost SMEs, facilitate economic growth

Ecobank, AGF seal $200m risk-sharing agreement deal to boost SMEs, facilitate economic growth

Ecobank, the leading pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have joined forces in a groundbreaking $200 million risk-sharing agreement, aimed at catalyzing economic growth and supporting entrepreneurial ventures – including women-owned SMEs on the continent.

 

The two organisations signed a strategic partnership agreement today on the sidelines of the Africa Financial Industry Summit (AFIS) in Lomé, Togo, in the presence of their respective leaders.