Members News

The Association of African Development Finance Institutions (AADFI) is calling for actionable plans to incorporate climate-resilient products into African business models to address climate finance needs and derisk sustainable investments in the region. Failure to act may result in Africa losing 5-15% of its projected GDP by 2050 due to the effects of climate change. […]

The Bank of Industry is set to disburse €100m to support the expansion of Green Energy and the creation of a climate-friendly environment to foster economic growth in Nigeria. This financial backing, secured from the French Development Agency, is dedicated to fostering an eco-friendly environment for enhanced economic prosperity in Africa and Asia. Dr Olasupo Olusi,

Bank of Industry (BOI) has disclosed that plans have been put in place to contribute about 27 percent of the renewable power generation in Africa by the year 2030. Managing Director of BOI, Dr Olasupo Olusi made this disclosure at the AADFI-AFFIAP CEO Forum, He said, as Nigeria’s leading Development Financing Institute (DFI), “one of

The Bank of Industry (BOI) says it secured $5 billion from various international financial institutions in the last five years to boost industrial development in Nigeria. Dr Olasupo Olusi, Managing Director of BOI, disclosed this recently at the AADFI-AFFIAP CEO Forum in Abuja. According to him, Nigeria is very active in resourcing climate-friendly funds to

Development Finance Institutions under the auspices of the Association of African Development Finance Institutions have called for actionable plans to incorporate climate-resilient products into African business models as part of solutions to address climate finance needs and derisk sustainable investments in the region. This was as it revealed that Africa may lose 5 per cent to

The Global Sustainable Finance Conference (GSFC) 2023, which took place in Germany from 6 to 7 July 2023, marked a significant milestone in Sri Lanka’s journey towards establishing a new and sustainable economy. The conference brought together esteemed institutions from Sri Lanka, specifically representing the banking sector with Hatton National Bank (HNB) PLC and SANASA

The Finance in Common’ Coalition for Social Investment, to which the Latin America Association for Financial Development Institutions (ALIDE) is a key member, held a webinar for representatives of Public Development Banks (PDB) in Latin-American and the Caribbean (LAC) and globally, to discuss the role that PDBs can play, in terms of developing an efficient

Could you give us an overview of the Fund and its activities?

FAGACE, a pioneer in the field of bank guarantees in Africa, is an international financial institution that specialises in the promotion of public and private investments. For more than 45 years, it has been working for the economic and social development of its 14 member states facilitating access and financing small and medium enterprises (SMEs).