Business

Major Partnership to Empower African SME’s

In a landmark move, the AfCFTA Young Entrepreneurs Federation (AfYEF) has partnered with the African Export and Import Bank (Afreximbank) to support Small and Medium-sized Enterprises (SMEs) across Africa. This collaboration aims to drive economic growth and sustainable development.

Key components of the agreement include:

SME Onboarding and Verification:
AfYEF and Afreximbank will onboard and verify SMEs onto the MANSA Digital Initiative.

Access to Finance and Support:
Verified SMEs will gain access to crucial financial support, resources, and systems to scale their businesses locally and internationally.

This partnership promises numerous benefits for African SMEs, such as market access, capacity building, networking opportunities, trade facilitation, access to technology, and inclusive growth.
In the coming weeks, a series of training programs and initiatives will be launched to onboard a vast number of SMEs across Africa. All individuals and associations representing SMEs are invited to participate and leverage the immense opportunities offered by this partner.

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