Guinea: AFG Bank Raises 60 Million Euros for SMEs in Guinea

AFG Bank Guinea and Proparco, the branch of the French Development Agency (AFD) dedicated to private sector financing, recently signed a strategic agreement. This agreement involves the mobilization of 60 million euros, or approximately 38.21 billion CFA francs.

It is intended to increase the financing capacity of Guinean small and medium-sized enterprises (SMEs) and to support their international trade operations.

The program established with Proparco comprises two distinct financial components….