Treuhandbeteiligung African Guarantee Fund (AGF) Trust investment African Guarantee Fund (AGF) Der African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) ist ein Fonds, der Garantien für Partner-Finanzinstitute (PFIs) anbietet, die Darlehen an kleinste, kleine und mittlere Unternehmen (KKMUs) in Afrika vergeben. Ein Kreditgarantiesystem ist im Wesentlichen ein Instrument zur Teilung von Risiken. Es bietet einen Zugang zu Finanzierungsmöglichkeiten für KKMU, die aufgrund fehlender Sicherheiten und Informationsasymmetrien keinen Zugang zu Krediten haben, indem es ihren Anteil am Ausfallrisiko des Kredites abdeckt. Im Falle des Ausfalls übernimmt der Garantiegeber einen Teil des Kapitalverlustes der Bank. Hauptziel des AGF ist somit, durch die Absicherung von Ausfallrisiken die Kapital- und Kreditvergabe an KKMUs in Afrika zu fördern und einen Beitrag zur Schließung der Finanzierungslücke für KKMU in Afrika zu leisten. Dadurch trägt der AGF zur nachhaltigen Wirtschaftsentwicklung (Sustainable Development Goal (SDG 8,9)), Armutsbewältigung (SDG 1) und Verringerung von Ungleichheiten (SDG 10) bei. Darüber hinaus trägt der Fonds durch eine Green Guarantee Facility auch zur Förderung erneuerbarer Energien (SDG 7,13) bei. Zusätzlich sollen alle Garantieinstrumente des AGF im Zuge der Affirmative Finance Action for Women in Africa / AFAWA-Initiative in Kooperation mit der AfDB und afrikanischen Finanzinstituten (FI) zur Unterstützung von KKMU eingesetzt werden, die in besonderer Weise die wirtschaftliche Teilhabe und Mitgestaltungsmacht von Frauen sicherstellen (SDG 5). Neben der Garantievergabe unterstützt der AGF die PFIs auch mit einer Technical Assistance Fazilität, um ihnen zu helfen, ihre KKMU-Finanzierungsfähigkeiten zu verbessern.Die erste KfW Treuhandbeteiligung aus 2018 über 25 Mio. EUR wurde 2019 um weitere 30 Mio. EUR aufgestockt. Seit seiner Gründung im Jahr 2011 hat der AGF Garantien in Höhe von 1,3 Milliarden USD an 169 Partnerfinanzinstitute vergeben und dadurch rund 24.000 KKMUs mit rund 149.000 Arbeitsplätzen gefördert. The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) is a fund that offers guarantees to partner financial institutions (PFIs) that provide loans to micro, small, and medium-sized enterprises (MSMEs) in Africa. A loan guarantee scheme is essentially a risk-sharing tool. It provides access to finance for MSMEs that are unable to access credit due to lack of collateral and information asymmetries by covering their share of the risk of default on the loan. In the event of default, the guarantor bears part of the bank's capital loss. Thus, the main objective of the AGF is to promote capital and lending to MSMEs in Africa by covering default risks and to contribute to closing the financing gap for MSMEs in Africa. In doing so, the AGF contributes to sustainable economic development (Sustainable Development Goal (SDG 8,9)), poverty eradication (SDG 1) and reduction of inequalities (SDG 10). In addition, the fund also contributes to the promotion of renewable energy (SDG 7,13) through a Green Guarantee Facility. Furthermore, in the framework of the Affirmative Finance Action for Women in Africa / AFAWA-initiative in cooperation with AfDB und African financial institutions FI), all guarantee instruments shall be used to support MSMEs which are centered on the economic inclusion and empowerment of women (SDG 5). In addition to providing guarantees, the AGF also supports PFIs with a Technical Assistance Facility to help them improve their MSME financing capabilities.The first KfW trust investment from 2018 of EUR 25 million was increased by another EUR 30 million in 2019. Since its inception in 2011, the AGF has provided guarantees totalling USD 1.3 billion to 169 partner financial institutions thus supporting above 24.000 MSMEs with around 149.000 jobs. Treuhandbeteiligung African Guarantee Fund (AGF) zur Einzahlung in das Eigenkapital (First Loss Tranche) des Fonds. Ziel des Fonds ist die Bereitstellung von KKMU-Kreditgarantien zu Verbesserung des Zugangs zu Finanzierungen für KKMU The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) is a fund that offers guarantees to partner financial institutions (PFIs) that provide loans to micro, small, and medium-sized enterprises (MSMEs) in Africa. A loan guarantee scheme is essentially a risk-sharing tool. It provides access to finance for MSMEs that are unable to access credit due to lack of collateral and information asymmetries by covering their share of the risk of default on the loan. In the event of default, the guarantor bears part of the bank's capital loss. Thus, the main objective of the AGF is to promote capital and lending to MSMEs in Africa by covering default risks and to contribute to closing the financing gap for MSMEs in Africa. In doing so, the AGF contributes to sustainable economic development (Sustainable Development Goal (SDG 8,9)), poverty eradication (SDG 1) and reduction of inequalities (SDG 10). In addition, the fund also contributes to the promotion of renewable energy (SDG 7,13) through a Green Guarantee Facility. Furthermore, in the framework of the Affirmative Finance Action for Women in Africa / AFAWA-initiative in cooperation with AfDB und African financial institutions FI), all guarantee instruments shall be used to support MSMEs which are centered on the economic inclusion and empowerment of women (SDG 5). In addition to providing guarantees, the AGF also supports PFIs with a Technical Assistance Facility to help them improve their MSME financing capabilities.The first KfW trust investment from 2018 of EUR 25 million was increased by another EUR 30 million in 2019. Since its inception in 2011, the AGF has provided guarantees totalling USD 1.3 billion to 169 partner financial institutions thus supporting above 24.000 MSMEs with around 149.000 jobs.