2 October 2025, Nairobi: African Assure Fund (AGF) and Ladies’s World Banking (WWB) have signed a Memorandum of Understanding (MoU) to strengthen help for girls entrepreneurs throughout Africa. This partnership underscores each organizations’ dedication to advancing girls’s financial empowerment by means of elevated entry to finance, technical help, and advocacy initiatives.
AGF, a number one pan-African assure and capability improvement supplier, works to bridge the SME financing hole by providing risk-sharing mechanisms and capability improvement help to monetary establishments. WWB is a world NGO & investor devoted to advancing monetary inclusion for the 700 million girls excluded from the formal monetary sector. For over 45 years, they’ve partnered with monetary establishments and policymakers to design, develop, and implement options that drive systemic change for girls.
Via this partnership, AGF and WWB will collaborate on initiatives designed to:
- Increase entry to credit score for women-led micro, small, and medium enterprises (MSMEs) by means of tailor-made assured options.
- Ship coaching and capability constructing for monetary service suppliers (FSPs) to strengthen their means to serve women-owned/led companies.
- Present technical help and mentorship to girls entrepreneurs, enhancing their enterprise resilience and development.
- Advocate for insurance policies and practices that drive gender-inclusive finance throughout Africa.
In his remarks, AGF Group CEO, Jules Ngankam, emphasised the significance of girls entrepreneurs to Africa’s development. “Ladies entrepreneurs characterize one of many continent’s biggest untapped sources, but they face a major funding hole of USD 42 billion. This new partnership with WWB permits us to mix our strengths to interrupt these obstacles and create a extra inclusive monetary ecosystem for women-led companies in Africa,” stated Jules.
Talking in regards to the partnership, Mary Ellen Iskenderian, President and CEO of Ladies’s World Banking, stated “We’re delighted to formalize this collaboration with AGF, which mixes our deep experience in designing monetary merchandise and options for girls with their highly effective pan-African footprint and assure options. By leveraging our respective strengths in capability constructing, technical help, and de-risking monetary establishments, we are going to unlock vital capital for women-led MSMEs resulting in jobs being created and fostering financial development for all. This MOU establishes a framework to copy and scale impactful, gender-inclusive fashions, and we look ahead to realizing this shared imaginative and prescient with AGF.”
The partnership can even pave the best way for replicating and scaling profitable fashions throughout AGF’s footprint in 44 African nations, amplifying the influence on women-owned companies continent-wide.
About African Assure Fund
African Assure Fund (AGF) is a specialised assure supplier whose mission is to facilitate financial improvement and poverty discount in Africa. To attain this, AGF will increase entry to finance for Small and Medium-sized Enterprises (SMEs) throughout key financial sectors by means of an array of assure merchandise and capability improvement help. Since inception, AGF has unlocked greater than USD 5 billion in SME financing, by means of partnerships with over 250 accomplice monetary establishments throughout 44 African nations.
AGF is backed by the next shareholders and sponsors: The Authorities of Denmark by means of the Danish Worldwide Growth Company (DANIDA), the Authorities of Spain by means of the Spanish Company for Worldwide Cooperation (AECID), the African Growth Financial institution (AfDB), French Growth Company (AFD), Nordic Growth Fund (NDF), Funding Fund for Creating Nations (IFU), German Growth Financial institution (KfW), French Company for Personal Sector (PROPARCO), West African Growth Financial institution (BOAD), World Affairs Canada (GAC), TechnoServe, Norad, Mastercard Basis and African Mental Property Group (OAPI).
African Assure Fund is rated AA- by Fitch Scores.
For extra info, please go to www.agf.africa or contact Laban Cliff Onserio | Senior Communications & PR Officer – AGF | information.communications@agf.africa | +254 780 420 423
About Ladies’s World Banking
For over 45 years, Ladies’s World Banking has been devoted to serving the almost 700 million girls excluded by the formal monetary sector. As an NGO, we accomplice with monetary establishments and policymakers to design, develop and implement options and packages that facilitate systemic change for girls. As an investor, we advance girls within the office and as clients by means of direct fairness – to carry them safety, prosperity, and independence. Since 2018 Ladies’s World Banking has reached greater than 91 million girls and 54 million males, serving to to alter not solely their lives but additionally of their households, communities, and nations.
It’s our core perception that monetary inclusion is important within the path to girls’s financial empowerment. We all know that low-income girls are disproportionately impacted by the consequences of systemic shocks together with local weather change. We have now made it our mission to speed up entry and utilization of scalable and commercially viable monetary options and to construct girls’s capabilities. We’re addressing systemic and different biases that drawback girls, by constructing the proof base by means of proprietary analysis. We advocate for inclusive regulation and governance by educating and informing key determination makers and leaders in regards to the influence of discriminatory legal guidelines and practices. We acknowledge the potential of girls throughout the globe, and it’s our evidenced perception that equal illustration drives social and enterprise outcomes and financial development.
For extra info, please go to www.womensworldbanking.org or contact cb@womensworldbanking.org
