The African Guarantee and Economic Cooperation Fund (FAGACE) celebrated its 47th anniversary on 13 February 2024. The event was marked by a press conference organized in Cotonou, the economic capital of Benin

The press conference that marked the celebration of FAGACE's 47th anniversary brought together Fund officials, media men and various actors from the African financial and economic sector. This is an important moment for the constantly changing institution. “It is a sign of resilience”, underlines the Director General, Dr. Ngueto Tiraïna YAMBAYE

Since its inception nearly half a century ago, FAGACE has played an essential role in the economic development of Africa. Over the years, the Fund has consolidated its reputation as a reliable and committed partner, working closely with governments, international financial institutions, private businesses and civil society organizations to address the economic and social challenges facing Africa. This achievement is the result of the reforms undertaken

The management team intends to continue the momentum. She reassured that “FAGACE will continue to play its pioneering role in the warranty sector”. To this end, ambitious initiatives are under way to further strengthen the Fund's presence across the continent