Rwanda: Equity Group, African Guarantee Fund Scale Up Transformative Partnership

Rwanda: Equity Group, African Guarantee Fund Scale Up Transformative Partnership

Nairobi -- Equity Group Holdings Plc and the African Guarantee Fund (AGF) have strengthened their commitment to supporting Micro, Small, and Medium Enterprises (MSMEs) by renewing and expanding their strategic partnership through a USD 500 million (KES 64 billion) framework. This facility will enable Equity Group to scale its lending activities to MSMEs, unlocking USD 1 billion in financing for these businesses. The initiative is projected to cr…

African Guarantee Fund, Equity Group Expand MSME Support

Equity Group Holdings Plc and the African Guarantee Fund (AGF)… The post African Guarantee Fund, Equity Group Expand MSME Support appeared first on Femme Hub.

Equity Group Holdings Plc and the African Guarantee Fund (AGF) have signed a USD 500 million strategic agreement to facilitate access to finance for micro, small and medium-sized enterprises (SMEs) in five countries in East and Central Africa (Kenya, Uganda, Rwanda, Tanzania, DRC). The loan guarantee will allow Equity Group to unblock 1...

The agreement, signed at the launch of the second European Union Business Forum (EU) - Kenya, which takes place in Nairobi, aims to increase the management fund and investment of small and medium-sized enterprises (SMEs), especially in the trade and agriculture sectors. The EIB will grant a 50 million euro credit line to the Family Bank, which will equal the amount. "We need to boost the private sector to strengthen the transformation industry a…

Equity & African Guarantee Fund boost support for small businesses with $500M deal

Equity Group Holdings Plc and the African Guarantee Fund (AGF) have renewed and expanded their partnership with a $500 million agreement to support Micro, Small, and Medium Enterprises (MSMEs) across East and Central Africa. The new deal aims to unlock $1 billion in loans for small businesses and help create or maintain over 50,000 jobs. [...] The post Equity & African Guarantee Fund boost support for small businesses with $500M deal appeared fi…

Equity Group and AGF Announce USD 500 Million Framework to Accelerate MSME Financing Across Africa - Techish Kenya

Equity and AGF announce a USD 500M partnership to boost MSME financing, targeting women, youth, and green businesses.