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Fund earns G7 recognition for investing in African women entrepreneurs

African Guarantee Fund (AGF) CEO Jules Ngankam. [David Gichuru, Standard]

The African Guarantee Fund (AGF) has earned the recognition of international development finance institutions (DFIs) under the 2X Challenge Collaborative recently pioneered by the Group of 7 (G7) countries.

The 2X initiative was launched at the G7 Summit in 2018 as a joint commitment by global DFIs to move more capital with a gender lens all over the world through pension funds, financial institutions, asset and wealth managers, private equity and venture capital funds, among other capital providers and mobilisers.

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