FAGACE ALONGSIDE THE AfDB TO STRENGTHEN AFRICA’S GUARANTEE CAPACITY
The Managing Director of the African Guarantee Fund and Economic Cooperation (FAGACE), Dr. Ngueto Tiraïna YAMBAYE, took part on Friday, October 24, 2025, in Abidjan, in an important working session initiated by the President of the African Development Bank Group (AfDB), Dr. Sidi Ould Tah.
The meeting focused on transforming Africa’s financial architecture and consolidating guarantee mechanisms across the continent.
This gathering brought together the leaders of major African guarantee institutions to reflect on ways to enhance credit guarantee capacity in Africa and to create stronger synergies among development finance stakeholders.
FAGACE’s participation, through its Managing Director, Dr. Ngueto Tiraïna YAMBAYE was of great significance. Indeed, through its historic mission of promoting public and private investment in member states, the Fund occupies a central place in the regional guarantee framework. Its presence at this high-level consultation reflects FAGACE’s commitment to actively contributing to Africa’s financial sovereignty by supporting African-led solutions for financing the continent’s development.
During the discussions, the President of the AfDB emphasized the need for African guarantee institutions to move toward a unified and coordinated approach in order to unlock more capital for large-scale projects. In this regard, FAGACE intends to fully play its part by leveraging its expertise, experience, and financial instruments to strengthen complementarity among guarantee actors.
This meeting further deepens the cooperative relationship between FAGACE and other regional guarantee institutions. It will make it possible to better pool efforts, optimize available resources, and enhance the impact of interventions in support of Africa’s economic development.
For FAGACE, the vision expressed by the President of the AfDB aligns perfectly with its own ambition: to increase its intervention capacity, strengthen investor confidence, and sustainably support the continent’s inclusive growth.
