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Inclusive Bonds Project in Cameroon and Côte d'Ivoire: IDRC awards a grant worth $900,000 Canadian

01/12/2023
Source : ORISHAS FINANCE
Categories: Sectors

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Dans le cadre de l' implémentation du Projet Inclusive Bonds au Cameroun et en Côte d' Ivoire, le International Development Research Center (IDRC) based in Ottawa, Canada granted a grant worth 900,000 Canadian dollars to the FINAFRIQUE Cabinet

.

The Inclusive Bonds Project, which was initiated in 2020 by FINAFRIQUE, consists of a bond issue specifically intended to finance Very Small Businesses and the Informal Sector. The main objective is to improve financing conditions for the most vulnerable entrepreneurial layer, consisting of Very Small Businesses and the Informal Sector. An important working group is at the base of this project. These include International Institutions such as “UNDP, AFREXIMBANK, UNECA, Africa Guarantee Fund, PROPARCO, FAGACE, the African Solidarity Fund, the BRVM, the BVMAC, as well as the Public Administrations (MINFI, MINPME, MINCOMMERCE,...) of the 2 pilot countries that

are Cameroon and Côte d'Ivoire”.
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