Tag: AFD

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

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.

Merkel fourth term in doubt as German coalition talks fail

Chancellor Angela Merkel said on Monday her efforts to form a three-way coalition government had failed, thrusting Germany into a political crisis and pushing Europe’s largest economy closer to a possible new...

S.A’s Eskom signs R6bn deal with France’s AFD

“This multi-tranche loan facility will contribute towards Eskom plans to strengthen and refurbish the transmission infrastructure while diversifying our funding structures.”