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African Guarantee Fund, French Development Agency sign $30mn deal to support SMEs

PUBLISHED: Fri, 06 Dec 2019 11:03:34 GMT

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Last week in Paris, France, a $30 million sub-participation agreement was signed between the French Development Agency (AFD) and the African Guarantee Fund (AGF). The deal seeks to improve access to financing for African Small and medium-sized enterprises (SMEs). CNBC Africa spoke to Deputy CEO of AGF, Jules Ngankam for more.


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