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Financing of the Youth Economic Initiatives Support Fund: 1.79 billion already disbursed since 2021

19/07/2023
Source : ORISHAS FINANCE
Categories: Sectors

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The director of Ecobank Togo organized a meeting with entrepreneurs receiving funding from the Youth Economic Initiatives Support Fund (FAIEJ). This meeting is organized in line with the Togolese government's Roadmap, which aims to engage TOGO in a dynamic of economic and social transformation with the aim of accelerating growth and thus positioning the country on a trajectory of emergence

.

Since January 2021, the first subsidiary of the Pan African Bank has signed a partnership agreement with the Ministry of Grassroots Development, Youth and Youth Employment. The bank has thus positioned itself as an actor in promoting local economies through its commitment to SMEs. For more than two years, 1,790,929,983 FCFA have already been disbursed to finance young entrepreneurs sponsored by FAIEJ. The Ecobank Group employs more than 13,000 people serving more than 32 million customers in the retail, commercial and corporate banking sectors in 35 African

countries.
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