AGF, Vista $50m Loan to Boost SMEs in West Africa

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The African Guarantee Fund (AGF) has partnered with Vista Group Holding to enhance access to finance for small and medium-sized enterprises (SMEs), with a specific focus on women-led businesses.

This agreement covers four West African countries: Burkina Faso, The Gambia, Guinea, and Sierra Leone. AGF will provide a substantial loan portfolio guarantee of $50m to support Vista Group Holding’s lending activities, aiming to catalyze growth opportunities for SMEs, contribute to economic development, and promote financial inclusion in the region.

This partnership signifies a crucial step in both AGF’s and Vista Bank Group’s commitment to fostering SMEs, generating employment, and contributing to a more prosperous future in West Africa.

Source: PUNCH

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