FAGACE: A force for solutions in the African financial ecosystem

Could you give us an overview of the Fund and its activities?

FAGACE, a pioneer in the field of bank guarantees in Africa, is an international financial institution that specialises in the promotion of public and private investments. For more than 45 years, it has been working for the economic and social development of its 14 member states facilitating access and financing small and medium enterprises (SMEs). 

AADFI promotes Sustainability-Centric DFIs by embracing the SSCI

Abidjan, March 22, 2023 – As part of the AADFI’s objectives for promoting sustainability-centric development finance institutions, the Association has continued to encourage its member institutions to embrace the Sustainability Standards & Certification Initiatives (SSCI). A number of the African national DFIs have been certified, including the Uganda Development Bank Ltd UDBL) – the lead institution of the l-Lead of the Certified DFIs sharing its experience among member institutions.