Audio By Carbonatix
Babatounde Yessoufou has built his career at the intersection of finance, sustainability, and inclusive growth, dedicating himself to unlocking capital for small and medium-sized enterprises (SMEs) throughout Africa. Operating in climate-sensitive value chains and frontier financial markets where capital is scarce and risk runs high, he brings a disciplined approach to impact measurement.
"De-risking must be paired with strong impact discipline," Yessoufou explains. "We track portfolio performance against development outcomes, not just disbursements, and we use that feedback to refine structures, training, and risk appetite."
Transforming SME Finance at the African Guarantee Fund
This results-oriented philosophy guided his work at the African Guarantee Fund (AGF), a Fitch AA-rated multilateral institution founded by leading development agencies. Serving as Business Development Officer for the West African Economic and Monetary Union (WAEMU) region, Yessoufou engineered over US$300 million in risk-sharing facilities and managed comprehensive guarantee portfolios.
His leadership extended to bank capacity programs that facilitated more than $600 million in SME lending across West Africa. According to AGF's internal estimates, these initiatives contributed to the creation of over 20,000 jobs. "We saw that calibrated guarantees and technical assistance could change the conversation from collateral scarcity to cash-flow viability," he reflects.
Academic excellence and historic achievement
In August 2023, Yessoufou achieved a historic milestone by becoming the first student from Benin admitted to Duke University's Fuqua School of Business since its founding in 1969. The university recognized his leadership potential by naming him a Fuqua Impact Scholar through the EDGE Center for his work in sustainability and global development.
His academic journey began with equally impressive credentials. He earned a Master's in Banking & Finance from the African Center of Higher Management Studies in Dakar on a full-merit scholarship, securing this opportunity by ranking among the top five candidates in a continent-wide examination administered by the African Capacity Building Foundation, a specialized African Union agency aligned with Agenda 2063 and the Sustainable Development Goals.
Building impact from the ground up
Beyond his institutional roles, Yessoufou has demonstrated entrepreneurial leadership as co-founder and board member of Agro-PAA, a moringa products venture operating across Benin, Côte d'Ivoire, and Togo. The company represents a practical application of impact investing principles, featuring an inclusive value chain that partners with rural women and out-of-school girls to create sustainable income opportunities.
This socially driven agribusiness model integrates entrepreneurship with women's economic empowerment, delivering measurable progress in nutrition, livelihoods, and gender inclusion across Benin and neighboring countries. The initiative's scale and replicability have established Yessoufou as a recognized leader in the global impact investing community, where he is widely regarded as a pioneer in socially responsible agribusiness models in Africa.
Through his diverse experience spanning multilateral development finance, venture capital, and social entrepreneurship, Yessoufou continues to advance innovative approaches to sustainable finance and inclusive economic growth across the continent.
Section: Finance & Development/Impact Investing
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