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