The dividend distribution is strictly based on our constitution and can not be changed by a General Meeting of Members. The process is simple, clear, and easy to understand. The dividend will be based solely on a percentage or proportion of profit of the year (net profit) and decided by the Board of Directors. The FONGAD Invest provides for at least a dividend distribution of 25%, with the possibility of an increase of up to 75% depending on the company’s results after two years of investment.
Dear compatriots of the Diaspora.
I think in all humility that at the beginning of the 21st century, all signs indicate that it is imperative to engage in the path of development of our continent. This commitment encourages us to find innovative and secure ways to work for a common cause. FONGAD-Invest (the Diaspora and Investment Guarantee Fund) is an initiative based on an original and revolutionary approach, which seems to be the ideal way to precisely meet the requirements of the economic and social development of our continent scope Diaspora. Our mission is to act in unity, to accompany this development tool that is FONGAD-Invest, capable of mobilizing, in full transparency, the necessary funds to ensure the emergence of several SME-Key in hand to make our contribution to the edifice of sustainable economic emergence in Senegal and the African continent. For this reason, we invite you to analyze and take ownership of the product: FONGAD-Invest (Diaspora Guarantee Fund and Investment), an innovative tool response to economic issues of the continent. May God grant us His light and fill our hearts with love, so that we can together bring positive changes in the Cradle of Humankind. Senegal is my village, Africa is my country!
Mr. Madani Ndiaye
Chairman of the Board