WUSME at the 6th edition of FITA 2023 on SME Financing Mechanisms

WUSME Special Representative and Ambassador in Tunisia Mr. Dogad Dogoui attended the 6th International Conference “Financing Investment and Trade in Africa (FITA 2023), held in Tunis on 20-21 September, as Speaker on the theme “SME financing mechanisms”.

The 2-day Conference was organized on the initiative of the Tunisia Africa Business Council (TABC) under the patronage of the Presidency of the Republic, said TABC President Anis Jaziri.

Placed under the theme “Africa in the midst of a global crisis and the role of the private sector in sustainable and inclusive economic transformation”, this 2-day conference addressed several themes such as financing, climate and sustainable development, digital transformation, infrastructure, inter-African trade and regional integration.

Mr. Dogad Dogoui with Co-speakers from the Tunisian Ministry of Finance, the EBRD (UK), the Mauritanian Bank BCI and the Cred’Assur (Belgium) profitably discussed mechanisms to finance SMEs.
Dogad Dogoui’s contribution focused on the absolute need to link African SMEs to public markets and private subcontracting, the primary source of their financing through supplier credit and turnover. Mr. Dogoui also insisted on the responsibilities of African states in setting up national guarantee funds to secure the commitment of commercial banks.
To him “the real development of Africa will involve the strengthening and consolidation of SMEs, providers of local jobs”.