Key facts
- Implementing Partner:
Agence Française de Développement (AFD)
- Guarantee volume:
Up to €35 million
- Sectors:
Micro-, small and medium-sized enterprises, digital innovation
- Geographical focus:
Sub-Saharan Africa and the southern Neighbourhood with a special focus on fragile states and least developed countries
- Types of investments:
Equity fund guarantee
Description
FISEA Plus aims to contribute to inclusive and sustainable economic growth and social development by removing access to finance barriers for underserved entrepreneurs. These entrepreneurs face financial constraints because local banks associate them with higher risk. The guarantee integrates investment objectives for fragile countries, social and solidarity-based enterprises and micro-, small and medium-sized enterprises that provide essential goods and services via digital innovation. The guarantee also aims to support the Global Gateway Africa-Europe Investment Package which will mobilise increased investments in infrastructure development in Africa.
How can private investors get involved?
If you are an investor looking to invest in MSMEs in Sub-Saharan Africa and/or in the southern part of the European Neighbourhood, we recommend getting in touch with AFD.
Contact: saabn
afd [dot] fr (saabn[at]afd[dot]fr)
About Agence Française de Développement
The Agence Française de Développement (AFD) Group funds, supports and accelerates the transitions to a fairer and more sustainable world. Focusing on climate, biodiversity, peace, education, urban development, health and governance, their teams carry out more than 4,200 projects in France’s overseas departments and territories and another 150 countries.
Press release: Choose Africa launches the FISEA+ facility: a new EUR 210m investment capacity for African MSMEs