The Worldwide Islamic Commerce Finance Company (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Growth Financial institution Group (IsDB), can be premiering a documentary on the second nation pilot of the West Africa SME Program that was launched in Senegal in 2019. The documentary will air on Afrique Media TV from the 19 to the 30 January 2023 and can be featured on ITFC social media platforms.
The West Africa SME Program is an ITFC flagship program designed to enhance SMEs’ entry to funding and supply technical assist within the sub-region of West Africa. This system was launched in Burkina Faso in 2018 and has seen a profitable second version organized in Senegal. The Senegalese pilot was launched proper earlier than the emergence of Covid pandemic. The impression of the shutdown in Senegal required ITFC to urgently alter this system’s scope to make sure that numerous assist was offered to taking part SMEs through the shutdown and within the post-covid period.
Organized in partnership with the Délégation Générale à l’Entreprenariat Rapide (DER), the Organisation Internationale de la Francophonie (OIF) and Coris Financial institution Worldwide and applied by the Rencontre Des Entrepreneurs, this system offered tons of of entrepreneurs entry to tailor-made coaching, funding and networking alternatives. The chosen entrepreneurs who’re energetic in software program growth, agribusiness, style, supply providers, hospitality and manufacturing amongst different key sectors mirror the range of the Senegalese financial system.
Eng. Hani Salem Sonbol, CEO of ITFC, commenting on the documentary stated: “The West Africa SME Program underlines ITFC’s dedication to one of many key sectors of the sub-region’s financial system. A extra productive and efficient SME sector will form the way forward for the sub-region and of Africa as a complete, particularly within the wake of the post-Covid financial restoration initiated in host international locations. We’re elated by the impression we’re creating with our program companions and can proceed to assist the sector straight by way of the West Africa SME Program and not directly by way of financing authorities and personal sector initiatives. This documentary highlights the effectiveness of well-tailored interventions in the direction of the achievement of the United Nations Sustainable Growth Aim 8, which is supporting respectable work and financial development in Africa.”
The third section of the West Africa SME Program has been efficiently launched in Côte d’Ivoire to supply essential assist for SMEs in Francophone West Africa’s main financial system.
Catch the West Africa SME Senegal documentary on TV and on-line.
Distributed by APO Group on behalf of Worldwide Islamic Commerce Finance Company (ITFC).
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In regards to the Worldwide Commerce Finance Company (ITFC):
The Worldwide Islamic Commerce Finance Company (ITFC) is a member of the Islamic Growth Financial institution (IsDB) Group. It was established with the first goal of advancing commerce amongst OIC member international locations, which might in the end contribute to the overarching purpose of bettering the socio-economic situations of the folks internationally. Commencing operations in January 2008, ITFC has offered US$66 billion of financing to OIC member international locations, making it the main supplier of commerce options for these member international locations’ wants. With a mission to turn into a catalyst for commerce growth for OIC member international locations and past, the Company helps entities in member international locations achieve higher entry to commerce finance and supplies them with the required trade-related capacity-building instruments, which might allow them to efficiently compete within the international market.
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