The “Facilitating MSME Sustainability and Viability during COVID-19 Pandemic : Experience from the Africa Region” webinar focused on policy and industry perspectives to facilitate sustainability and viability of the micro, small and medium enterprises (MSME) during the COVID-19 pandemic, including emergency and recovery phases of policies and interventions that target women and youth. The participants discussed the impact of COVID-19 on women-led MSMEs and youth; regulatory and market solutions aligned to Africa context; and regulators’ support to MSMEs sustainability in the post-COVID-19 recovery phase.
Webinar features:
Revelian Felix (Credit Guarantee Scheme Manager, Bank of Tanzania)
Gcina Patrick (Principal Development Officer, Central Bank of Eswatini)
Norbert Mumba (Deputy Executive Director, AFI)
Nathalie Gabala (Regional Head of Western, Central and Northern Africa, Mastercard Foundation)
Judith Obholzer (Managing Executive for Public Policy, Vodacom Group)
Caren Robb (Vice President and Chief Operating Officer, FINCA Impact Finance)
Moderator: Nik Kamarun (Senior Policy Manager, SME Finance, AFI)
COVID-19 has taken the world into an unprecedent pandemic scenario that has negatively impacted MSME’s globally, which represent more than 70 percent of global employment and 50 percent of GDP. Women-led MSMEs have been hit hardest and some of direct effects include business continuity, lower revenues, reduced demand for goods and services and cash flow shortages in Africa, MSMEs represent more than 90 percent of businesses and employ about 60 percent of workers. This is further compounded by a large informal sector that accounts for around 86 percent of total employment.
Read more about the webinar in the ‘’Public-private collaboration bolsters small business recovery’’
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This event is supported by the Mastercard Foundation under AFI’s COVID-19 Policy Response for Africa Region. [ Ссылка ]
#FinancialInclusion #Africa #LeaveNoOneBehind
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About AFI:
AFI is the world’s leading organization on financial inclusion policy and regulation. Roughly 100 member institutions make up the AFI network including central banks, ministries of finance and other financial regulators from over 80 developing and emerging countries. AFI works on empowering policymakers to increase access and usage of quality financial services for the underserved through formulation, implementation and global advocacy of sustainable and inclusive policies.
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