Joshua Obengele

African Guarantee Fund

The African Guarantee Fund for Small and Medium Enterprises (AGF) contributes to the promotion of economic development vital for prosperity, stability and poverty reduction in Africa by enabling SMEs have increased access to financing. AGF has two lines of activities: the guarantee activity and the capacity building activity. Through our guarantee facility, we assists banks to partially cover the risks associated with SME lending and thus enable them increase their portfolio in that sector. Through our capacity development facility, we assist banks enhance their SME banking capabilities and thus be able to execute their SME banking strategies with ease.