The problem of access to finance for SMEs, which hinders their development, remains a major concern for the Gabonese government, which created the Société de Garantie du Gabon.
Les #PME sont un segment vital pour notre économie.
Afin d'assurer leur développement, de créer de nouveaux emplois et devenir des champions nationaux, elles doivent avoir un accès facilité aux financements.
C'est la mission dévolue à la Société de Garantie du #Gabon. @fgis_gabon pic.twitter.com/rqmoSdSlhL— Ali Bongo Ondimba (@PresidentABO) November 15, 2022
With the aim of increasing the possibilities of companies that promote the country’s development, to obtain funds from financial institutions, the SGG is an initiative of the Gabonese Strategic Investment Fund (FGIS), led by Okoumé Capital. It started its activities with an initial amount of 12 billion CFA francs, which will be used to partially guarantee loans to SMEs. Included in the Transformation Acceleration Plan (PAT), these strategies, which will considerably improve the business climate in Gabon, will impact the populations’ lives through the creation of additional wealth and jobs. “They create the greatest number of jobs locally, pay the highest salaries, are likely to innovate the most and create added value,” says Ali BONGO ONDIMBA. Nicole Janine Lydie ROBOTY, spouse MBOU, believes that “this mechanism will eventually lay a solid foundation for greater encouragement of entrepreneurship, which is essential for the building of a local economic structure for the benefit of Gabonese people”.
Technically supported by African Guarantee Funds, the said society is a leader in the issuance of guarantees in Central Africa. It will give priority to businesses created by women, as well as those working to reduce the carbon footprint.
