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CAR : a guarantee and investment fund for SMEs

The Central African Minister of Finance and Budget, Hervé Ndoba, has officially launched the National Guarantee and Investment Fund (NGIF) to improve access to credit for small and medium-sized enterprises (SMEs). It has a share capital of USD 17 million, with an initial contribution of USD 5.1 million from the World Bank. The fund is part of the 2024-2028 National Development Plan. A2F Consulting will support the government in this initiative.

According to official sources, only 22% of Central African SMEs have had access to formal credit in recent years.

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