FSA - African Solidarity Fund


Multilateral Financial Institution

ARTICLES

The Board of Governors of the African Solidarity Fund (ASF) commends the institution’s financial strength, performance, and growing impact in supporting Africa’s development and industrialization.
The Board of Governors of the African Solidarity Fund (ASF) commends the institution’s financial strength, performance, and growing impact in supporting Africa’s development and industrialization.

Meeting via videoconference for their 4th Ordinary Session, the Governors reaffirmed their full support for the strategic transformation underway at the African Solidarity Fund (ASF) and commended the Executive Management for the quality of governance and the outstanding performance achieved in the 2024 fiscal year.

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FSA and AAZES seal a strategic alliance to boost Chad’s industrialization.
FSA and AAZES seal a strategic alliance to boost Chad’s industrialization.

The African Solidarity Fund (FSA) and the Chadian Special Economic Zones Administration Agency (AAZES) have entered into a strategic partnership aimed at transforming Chad's special economic zones into competitive industrial hubs, in support of the "Chad Connection 2030" plan. - This alliance reinforces the FSA's commitment to inclusive industrialization in Africa by leveraging its financial and technical tools to create local added value and stimulate private investment.

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The African Solidarity Fund (FSA) congratulates Dr. Sidi Ould Tah on his election as head of the African Development Bank (AfDB)
The African Solidarity Fund (FSA) congratulates Dr. Sidi Ould Tah on his election as head of the African Development Bank (AfDB)

Niamey, 30 mai 2025 — The African Solidarity Fund (FSA) warmly congratulates Dr. Sidi Ould Tah on his election as President of the African Development Bank (AfDB). The ASF welcomes this new momentum, which paves the way for stronger synergies with the AfDB, particularly in SME financing, support to Member States, and the implementation of projects with high socio-economic impact.

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Niger strengthens its development levers: Signing of a strategic agreement between the FSA and the CDI Niger
Niger strengthens its development levers: Signing of a strategic agreement between the FSA and the CDI Niger

The FSA and the Niger Deposits and Investments Fund (CDI Niger) have signed a Framework Cooperation Agreement aimed at sustainably strengthening the financing of the Nigerien economy. With more than 225 billion CFA francs in guarantees already granted to Niger, having enabled the mobilization of 421 billion CFA francs in financing, this alliance marks Niger's integration into the network of partner Caisses de Dépôts du Niger, for enhanced cooperation at the operational, technical, and commercial levels.

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Official handover of the African Solidarity Fund's (ASF) instrument of accession to the African Legal Support Facility (ALSF)
Official handover of the African Solidarity Fund's (ASF) instrument of accession to the African Legal Support Facility (ALSF)

Niamey, May 06, 2025 - The African Solidarity Fund (ASF) has officially handed over its instrument of accession to the Director of the African Legal Support Facility (ALSF), an international organization hosted by the African Development Bank (AfDB) Group, aimed at strengthening the legal capacities of African countries in the management of complex and strategic transactions.

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Dakar hosts the 32nd Ordinary Session of the Board of Directors of the African Solidarity Fund (ASF)
Dakar hosts the 32nd Ordinary Session of the Board of Directors of the African Solidarity Fund (ASF)

From April 17 to 18, 2025, Dakar hosted the 32nd Ordinary Session of the Board of Directors of the African Solidarity Fund (ASF), marked by exceptional financial results : more than 870 billion FCFA in interventions, 10,000 jobs created or maintained, and net growth of 48.5%. The ASF is strengthening its position as a key player in inclusive development, in line with the Senegal Vision 2050 and the African Union's Agenda 2063. Beyond the figures, this session highlighted the ASF's evolution towards the status of a specialized agency of the AU, affirming its central role in the continent's economic transformation. A clear ambition: to make the ASF a driver of innovation, solidarity, and growth for an Africa resolutely turned towards the future.

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The African Solidarity Fund (ASF) included on the list of institutions benefiting from zero weighting: Recognition of its financial solidity and exemplary governance
The African Solidarity Fund (ASF) included on the list of institutions benefiting from zero weighting: Recognition of its financial solidity and exemplary governance

The African Solidarity Fund (ASF) has been added to the list of institutions benefiting from a zero weighting by the Central African Banking Commission (COBAC), a recognition of its financial strength and exemplary governance. This decision validates the ASF's ability to cover financial risks and strengthens its credibility with partners and investors. With a solid international reputation, the ASF continues to play a key role in financing economic and social development in Central Africa.

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Closing of the 2025 Annual Conference of the Professional Association of Guarantee Institutions of Africa (APIGA)
Closing of the 2025 Annual Conference of the Professional Association of Guarantee Institutions of Africa (APIGA)

The 2025 Annual Conference (AC 2025) of the Professional Association of African Guarantee Institutions (APIGA) was held on February 27 in Niamey, and brought together a wide range of key players in the African financial sector, including representatives from governments, multilateral financial institutions, the private sector and experts in the field of guarantee.

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NIAMEY DECLARATION ON THE COMMITMENT OF AFRICAN GUARANTEE INSTITUTIONS TO THE IMPLEMENTATION OF THE AfCFTA
NIAMEY DECLARATION ON THE COMMITMENT OF AFRICAN GUARANTEE INSTITUTIONS TO THE IMPLEMENTATION OF THE AfCFTA

On February 27, 2025, in Niamey, the Member Institutions of the Professional Association of African Guarantee Institutions (APIGA) met to adopt the Niamey Declaration, marking their commitment to support the implementation of the African Continental Free Trade Area (AfCFTA). This important event, organized by the ASF, highlighted the central role of guarantee institutions in facilitating trade finance, infrastructure and industrialization in Africa. The ASF, as host and key player of the event, actively contributed to the mobilization of stakeholders around the objectives of the AfCFTA. The declaration, which aims to strengthen cooperation between guarantee institutions, focuses on concrete actions such as securing trade transactions, supporting the financing of African VSEs and SMEs, as well as promoting inter-institutional synergies for a better implementation of the AfCFTA.

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APIGA ANNUAL CONFERENCE 2025
APIGA ANNUAL CONFERENCE 2025

On Thursday February 27, 2025, the Professional Association of Guarantee Institutions of Africa (APIGA) will hold its Annual Conference at Bravia Hotel Niamey, Republic of Niger. With 17 members including 3 multilateral institutions and 14 national ones with guarantee as a common activity, APIGA was created to support African countries in their economic development process. The 2025 APIGA Annual Conference will feature a thematic Symposium organized in collaboration with the United Nations Economic Commission for Africa. Also, APIGA will hold its 10th Ordinary General Assembly on the sidelines of the meeting.

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THE FSA AND CORIS HOLDING JOIN FORCES TO BOOST THE FINANCING OF AFRICAN SMEs
THE FSA AND CORIS HOLDING JOIN FORCES TO BOOST THE FINANCING OF AFRICAN SMEs

On January 23, 2025, the African Solidarity Fund (FSA) and Coris Holding e signed a strategic partnership to boost the access of African SMEs to innovative financing solutions. This partnership aims to facilitate access to financing via financial guarantees, refinancing solutions and tools adapted to local needs. Together, the two institutions work to support projects with strong economic and social impact, while strengthening the capacities of local teams through training and exchanges of expertise. A key collaboration for the sustainable development of West and Central Africa! Financing SMEs, engines of economic growth in Africa, is now a common priority.

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THE FSA AND THE BURKINABE NATIONAL EMPLOYEES COUNCIL (CNPB) FORMALIZE THEIR COOPERATION
THE FSA AND THE BURKINABE NATIONAL EMPLOYEES COUNCIL (CNPB) FORMALIZE THEIR COOPERATION

On Thursday, January 23, 2025, the African Solidarity Fund (FSA), represented by its Director General, Mr. Abdourahmane DIALLO and the National Council of Burkinabè Employers (CNPB), represented by its President, Mr. Idrissa NASSA, signed a framework cooperation agreement. Through this collaboration, financing will no longer be an obstacle to the development of Burkinabè businesses,” declared Mr. NASSA during the ceremony. Mr. DIALLO, for his part, reiterated the FSA's commitment to supporting the Burkinabe private sector which will no longer walk alone.

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The African Solidarity Fund : A Well-Deserved Trophy for the Best Development Actor at SANID 2024, in Niamey, Niger!
The African Solidarity Fund : A Well-Deserved Trophy for the Best Development Actor at SANID 2024, in Niamey, Niger!

The African Solidarity Fund (ASF) has just been crowned “Best Development Actor 2024” during the prestigious National Development Information Fair (SANID), which was held on January 4, 2024, at the Mahatma Gandhi Conference Center from Niamey, Niger. A distinction that symbolizes years of commitment and hard work to promote sustainable and inclusive development, both in Niger and in Africa. This trophy is more than a reward. It embodies collective resilience in the face of economic and social challenges, as well as the strength of collaboration between public and private actors. Recognition of the essential role of the FSA in the economic and social transformation of Niger, with a continued desire to create financing solutions adapted to the needs of the country. Far from being an end, this distinction encourages the institution to redouble its efforts to strengthen solidarity, support innovation and provide opportunities to build a more prosperous future in its member states. The FSA, with its national and international partners, will continue to play a key role in financing large-scale projects to stimulate sustainable development.

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SIGNATURE OF FRAMEWORK COOPERATION AGREEMENT BETWEEN THE FSA AND ATIDI
SIGNATURE OF FRAMEWORK COOPERATION AGREEMENT BETWEEN THE FSA AND ATIDI

The African Solidarity Fund (ASF) and the African Trade & Investment Development Insurance (ATIDI), represented respectively by Mr. Abdourahmane DIALLO, Director General, and Mr. Manuel MOSES, CEO, proceeded to the signing of the Framework Cooperation Agreement between their two Institutions, on Thursday December 5, 2024, in Rabat, Morocco, on the sidelines of the AIF 2024.

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Opening of the 31st Ordinary Session of the Board of Directors Of the African Solidarity Fund (ASF)
Opening of the 31st Ordinary Session of the Board of Directors Of the African Solidarity Fund (ASF)

Niamey, November 14, 2024 - The opening ceremony of the 31st session of the Board of Directors of the African Solidarity Fund (ASF) got underway in the sumptuous new Ahmadou Abdoulaye DIALLO Conference Room at the Fund's headquarters in Niamey. This state-of-the-art facility stands as a testament to the ASF's commitment to enhancing its footprint across Africa and fostering the continent's economic growth.

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THE AFRICAN SOLIDARITY FUND (ASF) SUPPORTS NIGER'S EFFORTS IN MANAGING DISASTERS AND FOOD CRISES
THE AFRICAN SOLIDARITY FUND (ASF) SUPPORTS NIGER'S EFFORTS IN MANAGING DISASTERS AND FOOD CRISES

As part of its corporate social responsibility (CSR), the African Solidarity Fund (ASF) made a donation of foodstuffs to the Office des Produits Vivriers du Niger (OPVN), during a solemn ceremony organized for this purpose in Maradi, in the Niger region, on Thursday September 12, 2024.

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Official Launch of Africa Solidarity Fund (ASF): A New Start for the Economic Development of Congo
Official Launch of Africa Solidarity Fund (ASF): A New Start for the Economic Development of Congo

Brazzaville, July 25, 2024 — Official launch of Africa Solidarity Fund (ASF) at the Radisson Blu Mbamou Palace. The event, in the presence of the Minister of the Economy, Jean Baptiste Ondaye, and the Minister of Industrial Development, A Th Nicephore Fyllla Saint-Eudes, marks the beginning of a new era for pan-African economic integration. ASF has established key partnerships with local banks such as BPC and BCH, aiming to improve access to credit for young entrepreneurs and support the private sector. This launch promises a significant strengthening of economic support to Congo.

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AAMFI presents its vision and advocates for African-led financial solutions to support the sustainable development of the continent.
AAMFI presents its vision and advocates for African-led financial solutions to support the sustainable development of the continent.

Accra, Ghana, July 20, 2024 – The Alliance of African Multilateral Financial Institutions (AAMFI) held its third Board of Governors meeting in Accra, in conjunction with the 6th biannual meeting of the African Union.

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Collaboration Agreement between the National Real Estate Development and Promotion Company (SONAPI SA), and Africa Solidarity Fund (ASF) for the Development of Housing in Guinea
Collaboration Agreement between the National Real Estate Development and Promotion Company (SONAPI SA), and Africa Solidarity Fund (ASF) for the Development of Housing in Guinea

The National Real Estate Development and Development Company (SONAPI SA) and Africa Solidarity Fund (AFS) signed a framework agreement in Niamey, on July 10, 2024, with the aim of strengthening their collaboration for the development of housing financing in Guinea.

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Strengthening Support for African Businesses: ASF and AFG Holding join forces
Strengthening Support for African Businesses: ASF and AFG Holding join forces

Africa Solidarity Fund (ASF) and AFG Holding signed an agreement on July 8, 2024 to strengthen their support for companies in common countries of intervention, aiming to increase their financial capacity and promote sustainable economic development. Together, they will develop innovative financial solutions adapted to local needs, thus providing access to competitive financing and personalized support packages. The agreement is in force and will be marked by the launch of the PME Business Hub on July 24, 2024, an initiative by AFG Bank Ivory Coast to support and promote local SMEs.

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GCR upgraded the long-term issuer credit rating of the African Solidarity Fund
GCR upgraded the long-term issuer credit rating of the African Solidarity Fund

Dakar, 08 july 2024 – GCR Ratings (GCR) upgraded the-time issuer credit rating of the Africain Solidarity Fund from AA+(WU) to AAA (WU) on its regional scale. The outlook is Stable. Futhermore, GCR affirmed the short-term issuer rating of A1+(WU).

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The Board of Governors of  Africa Solidarity Fund (ASF) strengthens its commitment to sustainable development during its third ordinary session in Abidjan
The Board of Governors of Africa Solidarity Fund (ASF) strengthens its commitment to sustainable development during its third ordinary session in Abidjan

During its third ordinary session in Abidjan, Ivory Coast, the Council of Governors of Africa Solidarity Fund (ASF) marked a significant turning point. Under the chairmanship of Mrs. Nialé KABA, Minister of Economy, Planning and Development of Ivory Coast, a key moment of the Council was the signing of a letter of intent between ASF and Africa Development Bank (AfDB), strengthening their cooperation to maximize their impact in Africa. In addition, a financing agreement with Arab Bank for Economic Development in Africa (BADEA) was concluded, as part of the ASF capital increase aimed at supporting regional economic transformation. Mrs. Nialé KABA highlighted the ASF's ambition to become a solid pan-African institution by 2025, calling for strengthening its financial resources and expanding its shareholder base. Mr. Kobenan TANOH, Chairman of the Board of Directors, welcomed the successes recorded by the institution during the year 2023, its Baa1 rating and its ISO 9001:2015 certification. The Council approved the 2023 annual reports and welcomed Morocco and Sierra Leone as new Category A regional member states, bringing the capital of the FSA to 191.7 billion CFA francs. The next session will take place in Libreville, Gabon, in May 2025, highlighting the ASF's continued commitment to African development.

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The African Development Bank (AfDB) and the African Solidarity Fund (ASF) seal a strategic partnership
The African Development Bank (AfDB) and the African Solidarity Fund (ASF) seal a strategic partnership

The African Development Bank (AfDB) and the African Solidarity Fund (ASF) formalized a strategic partnership on June 21, 2024 in Abidjan. This partnership, sealed during the 3rd ordinary session of the FSA Board of Governors, aims to strengthen collaboration and synergies between the two institutions. Aida Ngom, on behalf of the AfDB, and Abdourahmane Diallo, Director General of the FSA, signed a letter of intent to intensify knowledge sharing and technical assistance, particularly in risk management and the organizational structures of the FSA. This partnership reflects the shared commitment to promoting inclusive and sustainable development in Africa, with a focus on projects aimed at youth, women and other target groups.

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THE FSA AND CRRH-UEMOA LAUNCH A NEW GUARANTEE PRODUCT
THE FSA AND CRRH-UEMOA LAUNCH A NEW GUARANTEE PRODUCT

The African Solidarity Fund (FSA) and the UEMOA Regional Mortgage Refinancing Fund (CRHH-UEMOA) launched the “Housing Loan Guarantee” (GPL), in Lomé, Togo, on Friday 17 May 2024.

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DONATION OF A BATCH OF MEDICINES AND ACCESSORIES BY THE FSA
DONATION OF A BATCH OF MEDICINES AND ACCESSORIES BY THE FSA

As part of its initiatives relating to Corporate Social Responsibility (CSR) and aimed at improving the well-being of vulnerable populations in Niger, the African Solidarity Fund (ASF), represented by its Director General, Mr. Abdourahmane DIALLO, proceeded, on May 20, 2024, to the delivery of a batch of medicines and accessories to the Issaka GAZOBI Maternity Hospital (MIG) in Niamey.

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SIGNING OF A FRAMEWORK PARTNERSHIP AGREEMENT
SIGNING OF A FRAMEWORK PARTNERSHIP AGREEMENT

THE AFRICAN SOLIDARITY FUND (ASF) IS COMMITTED TO WORKING ALONGSIDE THE LAND AND REAL ESTATE PROMOTION COMPANY (SOPROFIM) S.A. TO BUILD A SOLID, FRUITFUL AND SUSTAINABLE COOPERATION.

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THE AFRICAN SOLIDARITY FUND (ASF) AND PRO GARANTE (Pro Garantie) JOIN TO SUPPORT MEDIUM- AND LONG-TERM FINANCING OPERATIONS FOR CAPE VERDE COMPANIES, ESPECIALLY FOR SMALL AND MEDIUM-SIZED FIRMS
THE AFRICAN SOLIDARITY FUND (ASF) AND PRO GARANTE (Pro Garantie) JOIN TO SUPPORT MEDIUM- AND LONG-TERM FINANCING OPERATIONS FOR CAPE VERDE COMPANIES, ESPECIALLY FOR SMALL AND MEDIUM-SIZED FIRMS

The Cape Verdean financial institution PRO GARANTE (Pro Garantie), represented by Mrs. Antónia Maria Resende Catdoso, acting in her capacity as Chairman of the Board of Directors, and the African Solidarity Fund (ASF), represented by its Managing Director, Mr. Abdourahmane DIALLO, signed a Partnership Framework Agreement on Wednesday November 29, 2023, in Praia, Cape Verde.

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THE AFRICAN SOLIDARITY FUND (FSA) AND THE BOLSA DE VALORES DE CABO VERDE (BVC) TOGETHER DEFINE THE TERMS OF A SUSTAINABLE COLLABORATION FRAMEWORK
THE AFRICAN SOLIDARITY FUND (FSA) AND THE BOLSA DE VALORES DE CABO VERDE (BVC) TOGETHER DEFINE THE TERMS OF A SUSTAINABLE COLLABORATION FRAMEWORK

On November 29, 2023, the Bolsa de Valores de Cabo Verde (BVC), represented by its President Dr. Miguel Pedro Sousa Monteiro and Executive Administrator Dr. Jùlia Alves Santos da Cruz, and the African Solidarity Fund (ASF), represented by its Managing Director Mr. Abdourahmane DIALLO, signed a Partnership Framework Agreement in Praia, Cape Verde.

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THE AFRICAN SOLIDARITY FUND (ASF) AND THE CONSEIL SUPERIEUR DES CHAMBRES (CSC) TOGETHER DEFINE THE TERMS OF A SUSTAINABLE COLLABORATION FRAMEWORK
THE AFRICAN SOLIDARITY FUND (ASF) AND THE CONSEIL SUPERIEUR DES CHAMBRES (CSC) TOGETHER DEFINE THE TERMS OF A SUSTAINABLE COLLABORATION FRAMEWORK

On November 29, 2023, the Conseil Supérieur des Chambres (CSC), represented by its President, Mr. Marcos Barbosa Rodrigueses, and the African Solidarity Fund (ASF), represented by its Managing Director, Mr. Abdourahmane DIALLO, signed an Amendment to the Framework Cooperation Agreement, in Praia, Cape Verde.

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THE AFRICAN SOLIDARITY FUND (ASF) AND THE CABO VERDE TRADE INVEST (CVTI) JOIN TO DEFINE A FRAMEWORK FOR COLLABORATION IN AREAS OF COMMON INTEREST, INCLUDING INVESTMENT PROMOTION
THE AFRICAN SOLIDARITY FUND (ASF) AND THE CABO VERDE TRADE INVEST (CVTI) JOIN TO DEFINE A FRAMEWORK FOR COLLABORATION IN AREAS OF COMMON INTEREST, INCLUDING INVESTMENT PROMOTION

On November 29, 2023, the CABO VERDE TRADE INVEST (CVTI), represented by its Chairman of the Board of Directors, Mr. José Almada Dias, and the African Solidarity Fund (ASF), represented by its Managing Director, Mr. Abdourahmane DIALLO, signed a cooperation framework agreement in Praia, Cape Verde.

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SIGNATURE OF A MEMORANDUM OF UNDERSTANDING
SIGNATURE OF A MEMORANDUM OF UNDERSTANDING

THE AFRICAN SOLIDARITY FUND (ASF) AND THE REGIONAL MORTGAGE REFINANCING CASE (CRRH) JOIN TO OFFER A PORTFOLIO GUARANTEE PRODUCT FOR HOUSING LOANS, BANKS AND SFDS IN THE UEMOA ZONE.

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Moody's assignsBaa1 first-time ratingtotheAfricanSolidarity Fund,witha stable outlook
Moody's assignsBaa1 first-time ratingtotheAfricanSolidarity Fund,witha stable outlook

Paris,November 17, 2023 --Moody's InvestorsService (Moody's) has today assigned for the first-time aBaa1 longtermforeign currency issuer rating to theAfricanSolidarityFund (FSAfor Fonds deSolidaritéAfricain),with a stable outlook.

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The African Solidarity Fund (FSA) is partnering with the Promotion of Exports Agency (APEX-Mali) and the Development and Management of Industrial Zones Agency (AZI-SA) to address the challenges of industrialization and exports in Mali
The African Solidarity Fund (FSA) is partnering with the Promotion of Exports Agency (APEX-Mali) and the Development and Management of Industrial Zones Agency (AZI-SA) to address the challenges of industrialization and exports in Mali

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The African Solidarity Fund (FSA) and the Mali Investment Promotion Agency (API-MALI) join forces to encourage and support direct and national investments in Mali
The African Solidarity Fund (FSA) and the Mali Investment Promotion Agency (API-MALI) join forces to encourage and support direct and national investments in Mali

On Thursday August 17, 2023, the African Solidarity Fund (FSA), represented by its Acting Director General, Mr. Abdourahmane DIALLO, and the Mali Investment Promotion Agency (API-Mali), represented by its Director General, Mr. Cherif BEN ALWATA, signed a framework cooperation agreement, in the premises of API-MALI, in Bamako, Mali.

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The cocoa, mining and services sectors benefit from a Twelve  Billion Eight Hundred and Fifteen Million Seven Hundred and Thirty-Eight Thousand Six Hundred  Fourteen (12,815,738,614) CFAF guarantee from the FSA to cover  funding provided by BSIC - IC
The cocoa, mining and services sectors benefit from a Twelve Billion Eight Hundred and Fifteen Million Seven Hundred and Thirty-Eight Thousand Six Hundred Fourteen (12,815,738,614) CFAF guarantee from the FSA to cover funding provided by BSIC - IC

On Tuesday 11 July 2023, an official ceremony was held in Niamey, Niger, to sign three (3) guarantee agreements between the African Solidarity Fund (ASF), represented by its Acting Director General

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Enabling Africans to live under decent conditions and have a home is one of the ASF's priorities and is fully in line with the African Union's Agenda 2063
Enabling Africans to live under decent conditions and have a home is one of the ASF's priorities and is fully in line with the African Union's Agenda 2063

Enabling Africans to live under decent conditions and have a home is one of the ASF's priorities and is fully in line with the African Union's Agenda 2063.

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28th Ordinary Session of the ASF Board of Directors
28th Ordinary Session of the ASF Board of Directors

The Board of Directors of the African Solidarity Fund held its 28th Ordinary Session from 23 to 24 March 2023 in Niamey (Niger), under the chairmanship of Mr. Abakar Mahamat, ASF Director for the Central African Republic, current Chair of the Board of Directors.

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ASF and the Ministry of Urban Planning, Housing and Public Sanitation (MULHP) of Senegal sign a Cooperation Framework Agreement.
ASF and the Ministry of Urban Planning, Housing and Public Sanitation (MULHP) of Senegal sign a Cooperation Framework Agreement.

As part of the programme to build 100,000 social housing units in Senegal, the ASF has decided to grant an individual guarantee to the tune of fifteen billion francs (XOF 15 billion) to each developer approved by the Ministry of Urban Planning, Housing and Public Sanitation of Senegal.

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The Director General of the African Solidarity Fund (ASF), Mr. Ahmadou Abdoulaye Diallo, participated in the Dakar Summit (DFS-2), from 02 to 03 February 2023, in Dakar, Senegal
The Director General of the African Solidarity Fund (ASF), Mr. Ahmadou Abdoulaye Diallo, participated in the Dakar Summit (DFS-2), from 02 to 03 February 2023, in Dakar, Senegal

Organised under the high patronage of H.E. Macky Sall, President of the Republic of Senegal and current Chairperson of the African Union, the 2nd Dakar Summit on Financing Infrastructure in Africa (DFS-2) closed its proceedings on 3 February 2023 with a declaration known as the "Dakar Declaration on Synergies of Action for Infrastructure Financing in Africa". ».

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INTRODUCTORY STATEMENT BY THE ASF DIRECTOR GENERAL, MR. AHMADOU ABDOULAYE DIALLO, AT THE MINISTERIAL ROUND TABLE ON MOBILISING DOMESTIC RESOURCES FOR INFRASTRUCTURE FINANCING IN AFRICA
INTRODUCTORY STATEMENT BY THE ASF DIRECTOR GENERAL, MR. AHMADOU ABDOULAYE DIALLO, AT THE MINISTERIAL ROUND TABLE ON MOBILISING DOMESTIC RESOURCES FOR INFRASTRUCTURE FINANCING IN AFRICA

INTRODUCTORY STATEMENT BY THE DIRECTOR GENERAL OF THE AFRICAN SOLIDARITY FUND (ASF), MR. AHMADOU ABDOULAYE DIALLO, AT THE MINISTERIAL ROUND TABLE ON MOBILIZING DOMESTIC RESOURCES FOR FINANCING INFRASTRUCTURE IN AFRICA, during the 2nd Dakar Summit (DFS 2) on financing infrastructure in Africa, known as "Dakar Financing Summit for infrastructure 2023", held on 3 February 2023 at the Abdou Diouf International Conference Centre (CICAD) in Dakar, Senegal.

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The African Solidarity Fund (ASF) decides to support several investment projects in five (5) Member States to the tune of 32.7 billion CFA francs.
The African Solidarity Fund (ASF) decides to support several investment projects in five (5) Member States to the tune of 32.7 billion CFA francs.

The African Solidarity Fund (ASF) has decided to support several investment projects in five (5) Member States to the tune of 32.7 billion CFA francs.

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STATEMENT BY THE ASF DIRECTOR-GENERAL AT THE DAKAR SUMMIT PRESIDENTIAL ROUNDTABLE (DFS2), 02 February 2023 at the Abdou Diouf International Conference Centre (CICAD)
STATEMENT BY THE ASF DIRECTOR-GENERAL AT THE DAKAR SUMMIT PRESIDENTIAL ROUNDTABLE (DFS2), 02 February 2023 at the Abdou Diouf International Conference Centre (CICAD)

The Director General of the African Solidarity Fund (ASF), Mr. Ahmadou Abdoulaye Diallo, spoke at the presidential round table during the 2nd Dakar Financing Summit for infrastructure (DFS) 2023 attended by:

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ASF AND UN WOMEN IN NIGER PARTNER TO MOBILISE JOINT RESOURCES FOR THE EMPOWERMENT OF WOMEN IN NIGER
ASF AND UN WOMEN IN NIGER PARTNER TO MOBILISE JOINT RESOURCES FOR THE EMPOWERMENT OF WOMEN IN NIGER

Synergising their actions to enhance their interventions to empower of Niger women is the main rationale behind the Memorandum of Understanding between the Niger Office of the United Nations Entity for Gender Equality and the Empowerment of Women (UN-WOMEN) and the African Solidarity Fund (ASF), formalised on 19 January 2023, at the ASF premises in Niamey.

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ASF HOLDS A MINISTERIAL ROUNDTABLE DURING THE 2ND DAKAR SUMMIT ON FINANCING INFRASTRUCTURE IN AFRICA (DFS-2)
ASF HOLDS A MINISTERIAL ROUNDTABLE DURING THE 2ND DAKAR SUMMIT ON FINANCING INFRASTRUCTURE IN AFRICA (DFS-2)

Maintaining the momentum towards world-class infrastructure in Africa'' was the theme for the 2nd Dakar Summit on Financing Infrastructure in Africa (DFS-2), which was held in Dakar from 1-3 February 2023 and was attended by the ASF as a partner in the event.

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ASF AND CCEDIAF-CI JOIN FORCES TO BOOST GROWTH IN IVORIAN BUSINESSES
ASF AND CCEDIAF-CI JOIN FORCES TO BOOST GROWTH IN IVORIAN BUSINESSES

The main objective of the cooperation framework agreement, signed between the African Solidarity Fund (ASF) and the Club of CEOs of Ivorian and African Diaspora of France in Côte d'Ivoire (CCEDIAF-CI), on Tuesday 17 January 2023 at the ASF premises in Niamey, is to work together to support the financing of projects of Ivorians of the Diaspora wishing to invest in Côte d'Ivoire.

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2023 NEW YEAR CELEBRATION AT THE ASF: A SPECIAL YEAR
2023 NEW YEAR CELEBRATION AT THE ASF: A SPECIAL YEAR

On 06 January 2023, the ASF organised a ceremony on its premises to celebrate the New Year with all its staff and the retirement of one of its officers.

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THE ASF ACHIEVED AN EXCEPTIONAL PERFORMANCE IN PROVIDING GUARANTEES IN 2022
THE ASF ACHIEVED AN EXCEPTIONAL PERFORMANCE IN PROVIDING GUARANTEES IN 2022

The guarantees granted by the ASF to various projects in Member States in 2022 amounted to CFAF 742 billion, equivalent to US$1.2 billion, representing more than five times the CFAF 131 billion (US$211 million) of guarantees granted in 2021.

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NIAMEY DECLARATION
NIAMEY DECLARATION

The "Forum on Reducing Investment and Trade Risk for African MSMEs" was highly successful. The forum resulted in the Niamey Declaration through which the African Solidarity Fund and its partners that organised the Forum decided to pool their resources and capacities to reduce the investment and trade risks that African MSMEs often face.

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AFRICA IS ENTERING A NEW ERA OF ENTREPRENEURSHIP THANKS TO THE INITIATIVES OF THE AFRICAN SOLIDARITY FUND AND ITS PARTNERS
AFRICA IS ENTERING A NEW ERA OF ENTREPRENEURSHIP THANKS TO THE INITIATIVES OF THE AFRICAN SOLIDARITY FUND AND ITS PARTNERS

During the Forum on "Reducing Investment and Trade Risks for Micro, Small and Medium Enterprises (MSMEs)" held in Niamey, Niger, from 21 to 22 November 2022, far-reaching decisions that will have an impact on the African continent were taken.

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Board of Directors of the ASF
Board of Directors of the ASF

The ASF Board of Directors, meeting for its XXVIIth Ordinary Session in Niamey, Niger, reaffirmed its full confidence in and support for the General Management and took some historic decisions for the Fund.

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AFRICAN FORUM
AFRICAN FORUM

Under the theme: "Reducing Investment and Trade Risk for African Micro, Small and Medium Enterprises (MSMEs)”

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ASF and OMVS sign a Cooperation Framework Agreement
ASF and OMVS sign a Cooperation Framework Agreement

The African Solidarity Fund (ASF) joins the Senegal River Development Authority (OMVS) to provide concrete solutions to the challenges facing the Senegal River Basin (common member countries: Guinea-Mali-Mauritania-Senegal).

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Governing Council of the African Solidarity Fund in Bujumbura (Burundi)
Governing Council of the African Solidarity Fund in Bujumbura (Burundi)

The Governing Council of the African Solidarity Fund meeting in its first ordinary session in Bujumbura (Burundi) approves the accession of the Republic of Guinea to the ASF and sets the capital of the Fund at CFAF 167 434 468 784.

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FIRST ORDINARY SESSION OF THE GOVERNING COUNCIL OF THE AFRICAN SOLIDARITY FUND
FIRST ORDINARY SESSION OF THE GOVERNING COUNCIL OF THE AFRICAN SOLIDARITY FUND

First ordinary session of the Governing Council of the African Solidarity Fund

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COOPERATION   FRAMEWORK AGREEMENT (ASF-NEPAD)
COOPERATION FRAMEWORK AGREEMENT (ASF-NEPAD)

The African Solidarity Fund (ASF) has just laid the foundation stone of its new strategic development plan, the "NEW FRONTIER 2025" Plan, by signing a Cooperation Framework Agreement with the African Union Development Agency (AUDA - NEPAD)

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THE ISLAMIC REPUBLIC OF MAURITANIA JOINS THE AFRICAN SOLIDARITY FUND (ASF)
THE ISLAMIC REPUBLIC OF MAURITANIA JOINS THE AFRICAN SOLIDARITY FUND (ASF)

The Islamic Republic of Mauritania has joined the African Solidarity Fund (ASF).

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26TH ORDINARY SESSION OF THE ASF IN NIAMEY
26TH ORDINARY SESSION OF THE ASF IN NIAMEY

The 26th ORDINARY SESSION OF THE ASF BOARD OF DIRECTORS was held in NIAMEY (Republic of Niger) from 24 to 25 March 2022.

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WARA AFFIRMS THE AFRICAN SOLIDARITY FUND’S RATING AT "AA+", WITH A STABLE OUTLOOK
WARA AFFIRMS THE AFRICAN SOLIDARITY FUND’S RATING AT "AA+", WITH A STABLE OUTLOOK

On 21 September 2021, the rating agency, WEST AFRICA RATING AGENCY (WARA) reaffirmed the long-term rating of the African Solidarity Fund (ASF) at "AA+" in the investment grade with positive outlook.

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SHELTER-AFRIQUE AND THE AFRICAN SOLIDARITY FUND (ASF) JOIN FORCES TO CONTRIBUTE TO AFRICA'S ECONOMIC DEVELOPMENT
SHELTER-AFRIQUE AND THE AFRICAN SOLIDARITY FUND (ASF) JOIN FORCES TO CONTRIBUTE TO AFRICA'S ECONOMIC DEVELOPMENT

The collaboration between Shelter-Afrique and the ASF is based on the ASF's capacity to support projects financed by Shelter Afrique, through its intervention instruments, notably Financial Guarantee (in the form of risk sharing), and refinancing with or without loan maturity extension.

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40TH ANNIVERSARY OF THE ASF
40TH ANNIVERSARY OF THE ASF

The African Solidarity Fund (ASF) will celebrate its 40th anniversary in Niamey on 25 January.

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