The African Guarantee Fund for Small and Medium Enterprises Ltd.

$12,500,000.00 CAD

≈ $0.30 for every person in Canada ≈ 162 Canadians' average pay for a year
Department
Global Affairs Canada
Program
Recipient country
Canada
Fiscal year
2020-2021
Agreement period
March 31, 2021 – March 31, 2031
Reference
CA-3-P008182001

Published purpose

This project aims to enhance African women entrepreneurs access to finance by providing financial guarantees issued by the African Guarantee Fund to African financial institutions. The initiative promotes a shift toward a gender-sensitive approach in the lending decision-making processes of African financial institutions. Project activities include: (1) providing tailored financial services to African women entrepreneurs (2) strengthening gender-based analysis of participating African financial institutions; and (3) enhancing the capacity of African financial institutions and Small and medium-sized enterprises (SMEs) to shift the lending culture toward gender-sensitive opportunities.

Community tags

Tags are applied by readers, not by this site. One tag per person per record.

Good value Local impact Needs context Questionable Success story Wasteful
View official source record Imported July 30, 2026 from Global Affairs Canada IATI data