FAGACE

The African Guarantee and Economic Cooperation Fund (FAGACE) is an international financial institution specializing in promoting public and private investments. It was established on February 10, 1977, in Kigali, Rwanda.

The idea for creating a guarantee fund capable of addressing the needs of states originated from the initiative of the Heads of State and Government of the OAC (Organization of African and Mauritian States), whose primary concerns were:

• Strengthening the cooperative and solidarity links among member states,
• Promoting the harmonious growth of their economies,
• Providing maximum security for foreign and domestic capital wishing to invest in Africa.

FAGACE’s Mission: To contribute to the economic and social development of our member states by facilitating access to financing for SMEs.

FAGACE has the following organs:

• The Board of Governors
• The Board of Directors
• The General Management
• The Specialized Committees