Organisation African Fund for Guarantee & Economic Co-operation
Alternate Name Fonds Africain de Garantie et de Coopération Economique
Abbreviation FAGACE/AGECF
Parent Ministry of Budgets, Finance & Privatisation (9.97%); Ministry of Economy & Finance (9.97%); Ministry of Economy & Finance (7.61%); Ministry of Economy & Finance (20.61%); Ministry of Economy & Finance (20.61%); Ministry of Finance (7.32%); Ministry of Economy & Finances (8.58%); Ministry of Finance (9.52%); Ministry of Finance & Economic Planning (5.81%)
u.r.l. http://www.le-fagace.org
email fagace@le-fagace.org; info@le-fagace.org
Country Benin
Location Cotonou
Address Boulevard de la Marina, Cotonou, 01
Postal Address BP : 2045
Telephone (229) 21 30 03 76; (229) 21 30 08 77; (229) 21 30 05 21
Management u.r.l.  
Fax (229) 21 30 02 84
Sector International - General
Organisation Type African Multilateral
Status Established 10 Feb 1977
Stated Role FAGACE is an international public institution devoted in economic and financial activities, particularly in the promotion of public and private investments.
Activities The Fund aims at supporting the economic and social development of member-states, either individually or collectively, by financing their development projects or facilitating their achievement through accompanying measures such as the interest rate subsidy and the extension of the credit period.<P>
Geographical Focus  
Notes 13 West and Central African countries are members of the Fund: Benin, Burkina Faso, Cameroon, Central Africa, Cote d’Ivoire, Mali, Niger, Rwanda, The Gambia, Guinea-Bissau, Senegal, Sierra Leone and Togo. [ FAGACE/ AGECF - Retrieved on 21 NOV 2007 - http://www.le-;fagace.org/presentation.html ]
Current Positions
Position Name From To
Director General Libasse Samb 2001  
Member for Benin - General Assembly Soule Lawani 2007  
Member for Cameroon - FAGACE General Assembly Lazare Menye 2007  
Member for Cote d'Ivoire - FAGACE General Assembly Charles Diby Koffi 2007  
Member for Central African Republic - FAGACE General Assembly Emmanuel Bizzo 2007  
Member for Guinea Bissau - FAGACE General Assembly Exmo Sr Issufo Sanha 2007  
Member for Mali FAGACE - General Assembly Abou-Bakar Traore 2007  
Member for Niger - FAGACE General Assembly Ali Zeine Lamine 2007  
Member for Rwanda - FAGACE General Assembly James Musoni 2007  
Member for Senegal - FAGACE General Assembly Abdoulaye Diop 2007  
Member for Togo - FAGACE General Assembly Adji Ayassor 2007  
Budgets
Donor From To Budget ($) Note
Links to Related Organisations
Immediate Parents Ministry of Budgets, Finance & Privatisation
Ministry of Economy & Finance
Ministry of Economy & Finance
Ministry of Economy & Finance
Ministry of Economy & Finance
Ministry of Finance
Ministry of Economy & Finances
Ministry of Finance
Ministry of Finance & Economic Planning
Subsidiary Organisations  
Sibling Organisations National Agency of Statistics & Demography
Service of General Administration & Equipment
General Directorate of Accountancy and Public Purse - DGCTP [15]
General Directorate of Customs [1]
General Directorate of Taxes
Directorates [36]
Cabinet and Linked Departments [6]
General Secretariat of the Ministry of Finance [62]
Office of the Secretary General & Secretary to the Treasury [96]
Central Public Investment & External Finance Bureau
General Secretariat - Ministry of Economy & Finance [53]
National Lottery of Cote d'Ivoire [1]
Société Générale de Banques en Côte d'Ivoire - SGBCI [3]
Banque Nationale d'Investissement - BNI
Radio & Television Ivoirienne [8]
Air Ivoire
Poverty Reduction Strategy
Commercial Bank of Burkina [2]
Strategy for Accelerated Growth
Banque Agricole et Commerciale du Burkina [1]
Societe Generale de Banques au Burkina [1]
Banque Internationale du Burkina [2]
General Board of Customs and Estates
Ministry Directorates [5]
Ministry Directorates [19]
National Office of External Trade [1]
Cooperation for Economy & Finance
West African Development Bank [43]
Directorate of Strategic Planning and Poverty Reduction Monitoring
Banque Commerciale du Sahel - SA [1]
Banque de Developpement du Mali - SA [5]
Banque Internationale pour le Mali - SA [3]
Banque Nationale de Developpement Agricole [2]
Banque de l’Habitat de Cote d'Ivoire - BHCI
Banque Internationale pour le Commerce & l'Industrie en Cote d'Ivoire [1]
Société Ivoirienne de Banque - SIB [1]
Société des Mines de Loulo (SOMILO) S.A [5]
Societe des Mines de Morila SA [1]
Societe d'Exploitation des Mines d'Or de Sadiola (SEMOS SA) [1]
Yatela Gold Mine
Société des Mines de Syama - SA [1]
Tambaoura Mining Company - SA [1]
Société des Mines d'Or de Kalana (SOMIKA SA) [1]
Siribaya Exploration Project
National Press Council
Société Nouvelle de Presse et d’Edition de Côte d’Ivoire [6]
Eco Actualites
Banque Internationale pour l'Afrique Occidentale - Cote d'Ivoire (BIAO-CI) [2]
Caisse Nationale des Caisses d’Epargne - CNCE
Banque Sahelo-Saharienne pour l'Investissement et le Commerce [3]
Banque Internationale pour le Commerce, l'Industrie et l'Agriculture - Burkina [1]
Société Burkinabé de Crédit Automobile [1]
Loterie Nationale Burkinabe
National Statistics Institute
Caisse de Prêts aux Collectivités Territoriales [1]
Societe Nigerienne de Banque [4]
Credit du Niger
Banque Commerciale du Niger
Loterie Nationale du Niger
Credit Initiative - SA
Societe de Pari Mutuel Urbain du Mali - SAEM [1]
Caisse Autonome d'Amortissement
National Institute of Statistics of Rwanda
General Directorate of Statistics & National Accounts
MEF - General Secretary
Cabinet - Ministry of Economy & Finance
General Directorate of Public Purse
Associated Organisations  
Donor Recipients  
Past Positions
Position Name From To
President - General Assembly Jean-Baptiste Compaore 2007 2008
Record last updated on 13 MAR 2008