AGF Empowers SMEs Through Local Banks

African guarantee fund PIC: PHATSIMO KAPENG
African guarantee fund PIC: PHATSIMO KAPENG

A pan African non-bank financial institution has partnered with three local banks to empower small and medium sized enterprises (SMEs) in the country.

With the mission of contributing to the economic development and employment creation, African Guarantee Fund (AGF) seeks to provide partial guarantees to financial institutions to facilitate access to finance for SMEs.

AGF offers three types of guarantees namely; loan, resource mobilisation and equity guarantees.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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