Togo’s National Fund for Inclusive Finance has a new Managing Director

Tuesday, 17 September 2019 16:03
Togo’s National Fund for Inclusive Finance has a new Managing Director

(Togo First) - Tchitchabalo Songaï N'dassim is the new head of the National Fund for Inclusive Finance (FNFI). The economist and financier who was previously the consultant for microfinance institutions assumed his new position at the beginning of this week.

The newly appointed Managing Director will have as main objectives the pursuit and expansion of a program launched a few years ago and which falls in line with the third axis of the national development plan (PND 2018-2019).

The program concerned aims at developing innovative, yet adapted, strategies to meet needs for financial services of the country’s least favored populations. It focuses in this framework mainly on women and youth, and particularly on agriculture, with products like AGRISEF (Access to Financial Services for Farmers), PAS-AGRISEF, and PNPER (National Project for the Promotion of Rural Entrepreneurship).

In this regard, the Togolese institution seems to have picked the interest of some other African countries, namely Gabon and Burundi.

Ayi  Renaud Dossavi

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