Digitalisation project for microenterprises and small and medium-sized enterprises

Project

  • Financing of the economy

  • Governance

Crédit : Backdrop Agency pour Proparco
Credit: Backdrop Agency pour Proparco
Project start date
Status

Ongoing

Project end date
Financing amount (Euro)
1,7 M€
Country and region
Antigua and Barbuda, Bahamas, Barbados, Belize, Benin, Ivory Coast, Dominica, Ghana, Grenada, Guyana, Haiti, Jamaica, Dominican Republic, Saint Kitts and Nevis, Saint Vincent and the Grenadines, Saint Lucia, Suriname, Trinidad and Tobago

The project aims to increase the digitalisation of microenterprises and small and medium-sized enterprises and entrepreneurs facing Covid-19 in West Africa and the Caribbean.

The Organisation of African, Caribbean and Pacific States (OACPS) has over 50 million registered microenterprises and small and medium-sized enterprises (MSMEs). They have been particularly vulnerable to the repercussions of the Covid-19 crisis.

They are real backbones of local economies and account for about 90% of the entrepreneurial fabric and a share of employment of between 50% and 70%.

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