{"id":3095,"date":"2020-02-17T14:59:17","date_gmt":"2020-02-17T13:59:17","guid":{"rendered":"https:\/\/afd-chooseafrica-qa.cegedim.cloud\/?p=3095"},"modified":"2020-02-18T11:05:34","modified_gmt":"2020-02-18T10:05:34","slug":"deployment-of-the-choose-africa-initiative-in-cote-divoire","status":"publish","type":"post","link":"https:\/\/afd-chooseafrica-qa.cegedim.cloud\/en\/news\/deployment-of-the-choose-africa-initiative-in-cote-divoire\/","title":{"rendered":"Deployment of the Choose Africa initiative in C\u00f4te d\u2019Ivoire"},"content":{"rendered":"<div class=\"column1\">\n<div class=\"node__content\">\n<div class=\"chapo\">\n<div class=\"field field--name-field-chapo field--type-string-long field--label-hidden field__item\" data-quickedit-field-id=\"node\/2500\/field_chapo\/en\/full\"><strong>On the occasion of the visit to C\u00f4te d&#8217;Ivoire of Mr. Emmanuel Macron, President of the Republic of France, and Mr. Bruno Le Maire, Minister of Economy and Finance, the AFD Group signed three new projects, which fall within the framework of the &#8220;Choose Africa&#8221; initiative in C\u00f4te d&#8217;Ivoire.<\/strong><\/div>\n<\/div>\n<div class=\"field field--name-field-content-vm field--type-entity-reference field--label-hidden field__items\" data-quickedit-field-id=\"node\/2500\/field_content_vm\/en\/full\">\n<div class=\"field__item\">\n<div class=\"contextual-region descriptive_block adm_field_collection\" data-quickedit-entity-id=\"adm_field_collection\/8780\" data-quickedit-entity-instance-id=\"0\">\n<div class=\"clearfix text-formatted field field--name-field-descriptive-nm field--type-text-long field--label-hidden field__item\" data-quickedit-field-id=\"adm_field_collection\/8780\/field_descriptive_nm\/fr\/default\">\n<p>The Agence Fran\u00e7aise de D\u00e9veloppement Group launched the Choose Africa initiative in 2019, to fulfil the commitment made in Ouagadougou by the President of the Republic of France, Mr Emmanuel Macron, to support the revolution in entrepreneurship and innovation in Africa.<\/p>\n<p>With Choose Africa, more than \u20ac2.5 billion will be devoted to financing and supporting MSMEs and entrepreneurs on the African continent by 2022. More than 10,000 African companies will benefit from this initiative.<\/p>\n<p>Since the program was launched, <strong>\u20ac1 billion has been committed to finance African start-ups and MSMEs, of which \u20ac370 million, more than a third, in West Africa and around \u20ac160 million in C\u00f4te d&#8217;Ivoire.<\/strong><\/p>\n<p>This event was also an opportunity to present start-ups that have benefited from AFD Group\u2019s support in the framework of the Social and Inclusive Business Camp 2019, to present companies that have received funding from Proparco&#8217;s partner funds, and to sign several agreements with local banks to strengthen SME financing in C\u00f4te d&#8217;Ivoire.<\/p>\n<h4><strong>Signing of three new projects, as part of the AFD Group&#8217;s Choose Africa initiative:<\/strong><\/h4>\n<p>Proparco reasserts its support of Soci\u00e9t\u00e9 G\u00e9n\u00e9rale C\u00f4te d&#8217;Ivoire (SG CI)\u2019s SME strategy, by granting a \u20ac15 million guarantee dedicated to a pilot project that will enable the development of a guarantee scheme on short-term trade finance operations. This signature confirms Proparco&#8217;s confidence in this partnership with Soci\u00e9t\u00e9 G\u00e9n\u00e9rale&#8217;s Ivorian subsidiary, which is also the first partner of the ARIZ guarantee for SMEs in C\u00f4te d&#8217;Ivoire.<\/p>\n<p>This project will support SG CI\u2019s SME strategy, and the growth of SG Group&#8217;s commitments to this segment through its Grow with Africa initiative.<br \/>\nThis new operation completes the range of SME-dedicated instruments, by providing them with solutions that meet their needs during their operating cycle.<\/p>\n<h4><strong>Signing of two <a title=\"SUNREF\" href=\"https:\/\/www.sunref.org\/en\/about\/afds-green-finance-label\/\">SUNREF<\/a> projects, a green credit line developed for companies by AFD:<\/strong><\/h4>\n<p>Proparco reasserts its commitment to tackling climate change, by signing new SUNREF projects with SG CI for \u20ac10 million, and with NSIA for \u20ac7.5 million.<\/p>\n<p>The SUNREF offer allows companies to purchase higher quality equipment, make cost savings and be more competitive. SUNREF also offers banks in the South special partnership conditions to allow them to seize the opportunities of green finance.<\/p>\n<p>SUNREF\u2019s innovation is based on the combination of a financial approach and a technical approach. The aim is to meet the demand of partner banks and project initiators:<br \/>\n\u2022\u00a0\u00a0 \u00a0The financial approach involves providing local partner banks with long-term loans (green credit lines).<br \/>\n\u2022\u00a0\u00a0 \u00a0The technical approach aims to support and scale up the market for green investment financing by assisting banks in project financing and building the capacities of companies to implement strategies for an optimized use of energy and natural resources.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"On the occasion of the visit to C\u00f4te d&#8217;Ivoire of Mr. Emmanuel Macron, President of the Republic of France, and Mr. Bruno Le Maire, Minister of Economy and Finance, the AFD Group signed three new projects, which fall within the framework of the &#8220;Choose Africa&#8221; initiative in C\u00f4te d&#8217;Ivoire. The Agence Fran\u00e7aise de D\u00e9veloppement Group&#8230; <a class=\"view-article\" href=\"https:\/\/afd-chooseafrica-qa.cegedim.cloud\/en\/news\/deployment-of-the-choose-africa-initiative-in-cote-divoire\/\">View Article<\/a>","protected":false},"author":18,"featured_media":3094,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[376,403,139,405,402,377],"pays":[129,197],"offres":[],"class_list":["post-3095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-africa","tag-afrique-en","tag-banques-et-services-financiers-en","tag-financement-des-pme-en","tag-nos-outils-financiers-en","tag-sme-financing","pays-afrique-en","pays-cote-divoire-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Deployment of the Choose Africa initiative in C\u00f4te d\u2019Ivoire - Choose Africa<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/afd-chooseafrica-qa.cegedim.cloud\/actualites\/deploiement-de-linitiative-choose-africa-en-cote-divoire\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deployment of the Choose Africa initiative in C\u00f4te d\u2019Ivoire - Choose Africa\" \/>\n<meta property=\"og:description\" content=\"On the occasion of the visit to C\u00f4te d&#8217;Ivoire of Mr. Emmanuel Macron, President of the Republic of France, and Mr. Bruno Le Maire, Minister of Economy and Finance, the AFD Group signed three new projects, which fall within the framework of the &#8220;Choose Africa&#8221; initiative in C\u00f4te d&#8217;Ivoire. 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