Organisation GARI Fund - Guarantee Fund for Private Investments in West Africa
Alternate Name Fonds de Garantie des Investissements Privés en Afrique de l’Ouest
Abbreviation GARI
Parent Agence France de Developpement - AFD (27.01%); European Investment Bank - EIB (19.30%); German Development Company - DEG (18.53%); Office Federal des Affaires Economiques Exterieures - OFAEE (15.72%); West African Development Bank (11.58%)
u.r.l. http://www.fondsgari.org/
http://www.boad.org/content/presentation/pres_financement_gari.htm
email gari@fondsgari.org
Country Togo
Location Lome
Address GARI 68, avenue de la Libération, Lome
Postal Address BP 985 Lome
Telephone (228) 221.06.05 / 221.42.44
Management u.r.l.  
Fax (228) 221.35.05 / 221.52.67
Sector Insurance - General
Organisation Type African Multilateral
Status  
Stated Role Created in January 1995, The Guarantee Fund for Private Investments in West Africa (GARI) is an institution that provides support to the private sector in ECOWAS countries, with the aim of facilitating access of private businesses to medium and long term financing facilities through the sharing, with other banks, financial establishments and international financial institutions, of the risk related to these transactions.<P>Eligible private companies must operate in the following sectors: industry of fabrication, food industry, fishing, mining, tourism, services (Building & Public Works, transport, etc), agriculture.
Activities  
Geographical Focus  
Notes ECOWAS Countries
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Member states of ECOWAS are Benin, Burkina Faso, Cape Verde, Côte d'Ivoire, The Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo. [ Retrieved on 19/09/2007 - http://www.ecowas.int/ ]
Current Positions
Position Name From To
Chairman of the Board of Directors Bintou Sanogoh 2001  
Director General Pierre Yaovi Sedjro 2007  
Budgets
Donor From To Budget ($) Note
Links to Related Organisations
Immediate Parents Agence France de Developpement - AFD
European Investment Bank - EIB
German Development Company - DEG
Office Fédéral des Affaires Economiques Extérieures - OFAEE
West African Development Bank
Subsidiary Organisations  
Sibling Organisations West African Development Bank [43]
Banque de Developpement du Mali - SA [5]
Banque Nationale de Developpement Agricole [2]
Banque de l’Habitat de Cote d'Ivoire - BHCI
BOAD - Studies & Financing Department [4]
BOAD - Finance & Accountancy Department [4]
BOAD - General Administration Department [4]
Cauris Investissement SA - Fund [3]
Investment & Promotions Company for Economic Cooperation [10]
Cauris Croissance - Fund
BOAD - Le Projet d'Utilisation du Fonds Suisse
West African Investment Fund
Bridge Bank Group - Côte d'Ivoire
Groupe Banque Regionale de Solidarite - SA [5]
Societe Nigerienne de Banque [4]
Credit du Niger
Bank of Africa - Niger [1]
Credit Initiative - SA
French Development Agency - Mali
Associated Organisations  
Donor Recipients  
Past Positions
Position Name From To
Director General Patrick Olivier Daipo 2003 2007
Record last updated on 19 SEP 2007