Symbiotics Capacity Building Deploys for REGMIFA TA Facility a SME Finance Project in “Compact With Africa” Countries With Funding From KfW

Through Symbiotics Association for Sustainable Development (SASD), Symbiotics Capacity Building is committed to reinforcing financial institutions in emerging markets. It has gathered over $18 million in donor funding for deploying over 140 technical assistance projects, ranging from governance, product development, sustainability, social performance, digital financial services, green energy and agriculture finance.

As manager of the Technical Assistance Facility (TAF) of REGMIFA, in November 2021 SASD designed and structured the first annual edition of the Technical Assistance Package on SME finance (TAPSME). With a total of four yearly editions, each benefitting at least six Partner Lending Institutions (PLI), this regional program intends to enhance the capabilities of REGMIFA PLIs to support and serve small and medium-sized enterprises (SME) in sub-Saharan countries that have joined or will join G20 Compact with Africa (CwA). The initial six PLIs are drawn from Burkina Faso (3), Ivory Coast (1) and Senegal (2).