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Promotion of local products: Le Fagace met with the promoters of "Made in Cameroon"

14/09/2021
Categories: Companies

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The African Guarantee and Economic Cooperation Fund (Fagace) has confirmed its willingness to support the promoters of “Made in Cameroon”. The managers of the structure presented their products to the promoters of "Made in Cameroon" during a meeting chaired on September 8 in Yaoundé by the Minister of Commerce, Luc Magloire Mbarga Atangana.

Fagace is a pan-African financial institution supporting small and medium-sized enterprises (SMEs), companies, wealth creators through guarantees from banks to finance investments. It has been operational in Cameroon since 2006. In 15 years of partnership, this fund claims to have mobilized more than 90 billion FCFA for 108 development projects in the country. Today, he has acted as guarantor to support Cameroon committed to promoting "Made in Cameroon" to lower the import bill. Thus, during this meeting, economic operators became aware of the existence of a fund such as Fagace which can support them through training, guarantees in terms of credit, financing so that they can carry out their projects. .

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