Togo: A new XOF100 million guarantee fund available for SMEs/SMIs

Economic governance
Monday, 15 July 2019 16:30
Togo: A new XOF100 million guarantee fund available for SMEs/SMIs

(Togo First) - In Togo, a new guarantee fund of XOF100 million has been put in place by various banks for local SMEs and SMIs. The monies will help “business operators who struggle secure public procurements,” according to a senior official from the National Chamber of Commerce and Industry (CCIT) which put in place the fund.

Businesses interested in benefiting from the fund must first register on a dedicated form.

Besides this fund, there is another established by the national agency for the promotion and guarantee of financing for SMEs/SMIs.

Séna Akoda

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