he Fonds africain de garantie et de coopération économique (Fagace) celebrates its thirtieth anniversary on May 24 and 25 in Cotonou, Benin.
Since its creation on February 10, 1977, Fagace has supported industrial and agricultural sectors in eleven member countries: Benin, Burkina Faso, Cameroon, Central African Republic, Côte d’Ivoire, Mali, Niger, Rwanda, Senegal, Sierra Leone and Togo. At the end of 2006, gross commitments amounted to CFA 200 billion in guarantees, CFA 4.1 billion in interest subsidies and CFA 1 billion in equity investments in seven national and four regional projects.
Member countries: Benin Burkina-Faso Cameroon Central African Congo Brazzaville Côte d’Ivoire Guinea-Bissau Mali Mauritania Niger Rwanda Senegal Chad Togo
