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December 2015


The signing of AGF’s acquisition of GARI Fund in West Africa took place simultaneously on December 18th 2015 in Paris and Lomé. AGF has since acquired 80.56% of GARI Fund’s shares, previously owned by:

  • The French Development Agency (AFD), 
  • The European Investment Bank (EIB),
  • Deutsche Investitions und Entwicklungsgesellschaft (DEGINVEST), and State Secretariat for Economic Affairs (SECO), 
  • As part of its development strategy, AGF has strengthened its presence in West Africa by acquiring GARI Fund.

According to Mr. Felix BIKPO, Chief Executive Officer of AGF, this acquisition serves two objectives:

  • Strengthen geographic proximity in order to improve the quality of services,
  • And increase the operational capacities of the Fund for a better social impact.

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