AGF was established in 2011 by the Government of Denmark (represented by DANIDA), the Government of Spain (represented by AECID) and the African Development Bank (AFDB), with a mandate of facilitating access to finance for SMEs to enable them fully play their role of driving the growth of African economies.
In 2015, four years after its founding, AGF concluded its first external growth operations with the acquisition of the Guarantee Fund for Private Investment in Africa (GARI Fund) for an amount of 35 million USD. At the end of this operation, the French Development Agency (AFD) became AGF’s fourth shareholder.
In 2016, the Nordic Development Fund (NDF) became AGF’s fifth shareholder. Under the leadership of NDF, AGF launched a Green Guarantee Facility to unlock financing for SMEs that invest in or market low-carbon technologies.
In our relationships and transactions with our clients, and among each other, we are honest, trustworthy, reliable, transparent, and accountable
We meet our internal and external customers’ expectations
We embrace new ideas and respond swiftly to changes in our environments
We dedicate ourselves to pursuing the agreed common goals
We deliver on our commitments accurately and promptly
To be the leading non-bank FI that meets Africa’s financing providers’ needs, effectively serving SMEs while maintaining our uncompromised Principles as we grow
The promotion of economic development and poverty reduction in Africa.
In support of the vision above, we aim:
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. It has been granted a Category 1 Global Business License by the Financial Services Commission. The registered office is located at C/o Rogers Capital Fund Services Ltd, 3rd Floor, Rogers House, No.5 President John Kennedy Street, Port Louis.
AGF is duly registered under the Companies Act of Kenya and has a place of business in Nairobi, Kenya. It also has a subsidiary, African Guarantee Fund pour les petites et moyennes enterprises S.A. (AGF West Africa) in Lomé, Togo, from which it conducts business in West Africa Region.
Effective corporate governance is one of the core values of African Guarantee Fund. The Board of Directors (BOD) is at the core of AGF’s system of corporate governance and is ultimately accountable and responsible for the performance and affairs of the Company. The BOD is unreservedly committed to applying the fundamental principles of good governance – transparency, integrity, accountability and responsibility – in all dealings by, in respect of and on behalf of the company. The directors are responsible for ensuring proper and sound corporate governance within the organisation. AGF upholds best practices in corporate governance. Our corporate governance permeates all levels of management and has guided AGF and created value for the benefit of shareholders.
African Guarantee Fund’s group senior management is responsible for the daily running of the organization by ensuring that the company objectives are met led by the Group Chief Executive Officer and Heads of Departments.
African Guarantee Fund’s group senior management is responsible for the daily running of the organization by ensuring that the company objectives are met led by the Group Chief Executive Officer and Heads of Departments.
African Guarantee Fund’s group senior management is responsible for the daily running of the organization by ensuring that the company objectives are met led by the Group Chief Executive Officer and Heads of Departments.
African Guarantee Fund’s group senior management is responsible for the daily running of the organization by ensuring that the company objectives are met led by the Group Chief Executive Officer and Heads of Departments.
No Senior Officers found.