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Africa’s Small and Medium-Sized Enterprises to access Sh7.4 billion fund for infrastructure

[Photo: Courtesy]

The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has entered into a re-guarantee transaction of $74 million (Sh7.4 billion) with GuarantCo, to increase its guarantee capacity for SME financing.

With the increased capacity, AGF will be able to support larger local currency transactions for SMEs involved in infrastructure.

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