Fonds de Solidarité Africain / African Solidarity Fund

Founded in March 1975 by the Heads of State of the member countries, meeting at a summit in Bangui in the Central African Republic, the FSA became operational in September 1979. Its headquarters are in Niamey in the Republic of Niger. The purpose of the Fund is to contribute to the economic and social development of its regional member states.

The Fund's main intervention technique is the guarantee of bank loans and bond issues intended to finance operations or projects of an industrial, agricultural, commercial, infrastructure and service nature, financially and economically profitable, carried out or to be carried out in Regional Member States in favor of:

• Of the said Regional Member States;
• Public or parapublic bodies;
• African inter-state bodies in which one or more Regional Member States participate;
• Private companies having their headquarters or their main field of activity in one or more regional Member States.