DistantNews
Support us
Cameroon-AFD Cooperation: Ministry Consolidates Partnership for SMEs
๐Ÿ‡จ๐Ÿ‡ฒ Cameroon /Economy & Trade

Cameroon-AFD Cooperation: Ministry Consolidates Partnership for SMEs

From Journal du Cameroun · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Cameroon's Ministry of SMEs and the French Development Agency (AFD) are strengthening their partnership.
  • The collaboration focuses on supporting SMEs, crafts, and the social economy with new financing priorities.
  • The outgoing AFD country director introduced her successor during a meeting with Minister Achille Bassilekin III.

Cameroon and the French Development Agency (AFD) are entering a new phase of cooperation aimed at bolstering small and medium-sized enterprises (SMEs), crafts, and the social economy. The partnership will focus on new financing priorities and local transformation initiatives. This renewed commitment was affirmed during a meeting in Yaoundรฉ between Cameroon's Minister of SMEs, Economy, Social Affairs, and Crafts (MINPMEESA), Achille Bassilekin III, and AFD officials. The meeting also served as a farewell for the outgoing AFD country director, Virginie Dago, and an introduction to her successor, Jรฉrรดme Notebaert, who is set to take office in late August. Discussions reviewed past joint projects, including TRANSFAGRI and SEPT, highlighting the successful collaboration between the ministry and the AFD over the past four years. The strengthened partnership signals continued support for Cameroon's economic development and diversification.

The partnership between the ministry... and the French Development Agency (AFD) is entering a new phase.

โ€” MINPMEESADescribing the renewed cooperation between Cameroon and the AFD.
DistantNews Editorial

Originally published by Journal du Cameroun in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.