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Fund receives 25m Euro to unlock SMEs financing barrier

NAIROBI, KENYA: The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has received a capital increase amounting to EUR 25 million from the KfW Entwicklungsbank (KfW Development Bank).

KfW is a German government-owned development bank, based in Frankfurt. It provides financing to governments, public enterprises and commercial banks engaged in microfinance and SME promotion in developing countries.

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AGF SME Debt