Programme description

Objective: ONE4A will spread best business practices and knowhow to SMEs. It will also enable a smaller number of high-growth SMEs, currently perceived as too risky, to obtain institutional investor funding. Thanks to the EU guarantee, some of these businesses will be able to list on capital markets.

Activities: ONE4A will generate up to 50,000 jobs, many for young people, and benefit about 1,500 small businesses in 10 countries in Africa. This will drive economic growth that benefits all sections of society, help to raise living standards, and enable many more people to access healthcare and education services.

Find out more about this project

Budget (mio €)
Total EFSD Guarantee: Up to €30 million
Region
Sub-Saharan Africa
Target group

High-potential African SMEs

Implementation
African Development Bank (AfDB)
Start (year)
2019
Funding
European Fund for Sustainable Development (EFSD)