Key facts
- Implementing Partner:
Compañía Española de Financiación del Desarrollo (COFIDES)
- Guarantee volume:
up to €12 million
- Global Gateway areas of partnership:
Multisectoral
- Sectors:
MSMEs
- Geographical focus:
Sub-Saharan Africa
- Type of support provided:
Financing, Technical assistance
- Types of investments:
Loans
- Investment period:
Open for investments from Q1 2026
- Technical assistance:
up to €840 thousand
Description
The programme supports Micro, Small and Medium Enterprises (MSMEs) that drive inclusive growth and social mobility for underserved and low-income populations in Sub-Saharan Africa. The programme helps unlock access to affordable finance for small businesses operating in fragile or underserved markets, creating jobs and supporting entrepreneurship, especially for youth and women.
It contributes to the Africa-Europe Global Gateway Investment Package and the Team Europe Initiative “Investing in Young Businesses in Africa”, promoting inclusive economic development and local resilience.
How can businesses and investors get involved?
If you are an investor with an interest in this guarantee program, we recommend getting in touch directly with the COFIDES.
About COFIDES
COFIDES (Compañía Española de Financiación del Desarrollo) is Spain’s development finance institution. It provides financial support for sustainable private sector projects that contribute to inclusive growth, job creation, and the achievement of the Sustainable Development Goals (SDGs).