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Support for SMEs: partnership between BNDE and the Caisse des Marchés Publics

08/12/2023
Source : ORISHAS FINANCE
Categories: Sectors

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Last Wednesday, a partnership agreement was signed between the National Development Bank (BNDE) and the Caisse des Marchés Publics (CDMP). It is a partnership that aims to support small and medium-sized enterprises (SMEs) operating in public procurement.

At the signing of the agreement between BNDE and CDMP, the managing director of the bank Abdoulaye Niane indicated that “this collaboration represents much more than a simple agreement, it magnifies the alliance of two structures that share common values, namely ambition and will. to support the economic growth of small and medium-sized enterprises.” According to the two structures, “the partnership agreement aims to offer innovative solutions through structuring financing adapted to the needs of SMEs”.

Likewise, the partnership aims to pool the resources of the two institutions in priority public procurement sectors in order to build a solid bridge that will allow SMEs to effectively capture the resources necessary for their growth.

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