African Guarantee Fund secures $150m support from UK BII
The pan-African guarantee fund will channel this jointly managed facility into its SME lending portfolio, focusing on women and the environment.
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▪ African Guarantee Fund secures $150m support from UK BII
▪ The pan-African guarantee fund will channel this jointly managed facility into its SME lending portfolio, focusing on women and the environment.
▪ https://www.africabusinessplus.com/en/814155/african-guarantee-fund-secures-150m-support-from-uk-bii/
British International Investment (BII), the UK’s development finance institution, led by Nick O’Donohoe, has strongly supported the African Development Bank’s guarantee fund. As a result, the African Guarantee Fund (AGF), headed since 2020 by Cameroonian Jules Ngankam, will benefit from a $150 million credit guarantee from BII.
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