Foire Adjafi highlights MSME financing and bankability

At the Foire Adjafi event, experts and young entrepreneurs discussed the critical role of financing for very small, small, and medium-sized enterprises (MSMEs). A central theme of the panel was 'bankability,' which Dieudonné Tchably, Manager of the Africa Coworkers innovation hub, defined as an enterprise's ability to convince a financier to entrust them with resources.

Participants noted that securing funding requires more than just a relevant idea; it necessitates a structured, documented, and credible project that demonstrates economic potential and management capacity. The discussion also highlighted various financing methods, including bootstrapping and self-financing, to help entrepreneurs build the necessary credibility to access formal financial mechanisms.