A look back at FAGACE’s participation in the 2nd edition of the
China-Africa Investment Forum (CAIF) in Marrakech
From November 27 to 28, 2017, a delegation from the Fonds Africain de Garantie et de Coopération Economique, led by its Managing Director, Madame Minafou COULIBALY-KONE, took part in the 2nd edition of the “China-Africa Investment Forum” (CAIF) in Marrakech, Morocco.
Co-organized by the Kingdom of Morocco’s Ministry of Industry, Investment, Trade and the Digital Economy, Jeune Afrique Media Group and BOAO Business Consulting, the 2nd edition of the CAIF, in line with the Chinese government’s “one belt, one road” initiative, is a platform for business meetings between the main players in Sino-African trade and investment, to promote the creation of sustainable partnerships with high added value, particularly in industry.
The two days of conferences and debates were devoted to the financial implications of the “New Silk Road” for African economies, and the solutions to be favored in order to capitalize on this new dynamic, which aims to turn the continent into a veritable industrial platform.
On this occasion, FAGACE presented several papers on its new strategic orientation. Among the themes developed were the importance of the Guarantee in the SME financing mechanism, and the synergies to be developed with financial institutions to respond more effectively to the current expectations of the economies of its fourteen (14) member countries, through their respective SME fabric.
Finally, the bilateral meetings held during the Forum provided an opportunity to explore the foundations of new cooperation with both the banking groups and the development institutions present.
The 2nd edition of the “China-Africa Investment Forum” not only aroused the interest of technical and financial partners in FAGACEn, but also repositioned it on the market as a key player in development financing in Africa.
