The 5th edition of the International Exhibition of Banks and Businesses (SIBE) opens this Wednesday, November 6, 2024 at the Togolese Center for Exhibitions and Fairs in Lomé (CETEF-Togo2000). The event, which ends next Saturday 9, will provide SMEs with tools for easy access to finance

“Rôle et impact des PME dans l' économie des pays de l' UEMOA”. 5e édition du This is the theme around which the reflections of LaSibe participants focus. The objective of its meetings is to raise awareness and support business leaders and project leaders in optimizing their financing procedures with banks and financial institutions. In reality, Togolese banks and financial institutions have difficulty responding adequately to the growing capital needs to support the growth of SMEs. Access to financial resources is in fact conditioned by strict criteria such as solvency, guarantees and financial management, requirements that many SMEs struggle to comply with. For this purpose, the ability of SMEs to obtain the financing necessary to ensure their growth and development is limited. Thus, the SIBE aims to enhance the Togolese economy and improve the banking rate, as well as to attract foreign investment