The African Guarantee Fund for Small and Medium Enterprises (AGF West Africa S.A.) is doing its part to support SMEs, women's entrepreneurship and the green economy in Burkina Faso. It granted a portfolio guarantee line for a total amount of CFAF 2.5 billion to Societe Generale Burkina Faso.

Signed by Harold COFFI, Chief Executive Officer of Societe Generale Burkina Faso and Bendjin KPEGLO, Chief Executive Officer of AGF WEST AFRICA, this agreement will allow Societe Generale Burkina Faso, on the one hand, to further increase its commitment to the SME/SMI segment, in line with the activities of the Maison des PME created by the bank and, on the other hand, to promote the development of green entrepreneurship and female leadership in the business environment. This portfolio guarantee is backed by the AFAWA Guarantee for Growth program, a joint initiative of the AfDB and the African Guarantee Fund that aims to unlock up to $3 billion in loans to women-owned SMEs in Africa.