The Gambia's private sector and Bankers Association are optimistic about the African Solidarity Fund's (ASF) economic transformative agenda after a detailed oversight and fruitful convergence held on Thursday at Gambia Chamber of Commerce and Industry (GCCI) and at Coco Ocean.
Jean Berchmans Nkurunziza, central director in charge of Strategy and Operations at ASF, enlightened members of the private sector that ASF is a Pan-African financial institution specialised in promoting access to finance. He added that access to finance is dedicated mainly to the private sector, saying that in their call of mission, the private sector is the second key after the government.
Speaking in a related but seperate activity with bankers at Coco Ocean, Jean stated:"The relationship between the ASF and the banks is crucially important in the financial landscape and our partnership plays a critical role in supporting the economic and financial development of our member countries. As the guarantee fund, our fundamental mission as ASF is to facilitate access to finance for companies, entrepreneurs, public entities, and governments among others.
Allan Kinuka, Business Development Officer of ASF in Charge of The Gambia, stated that their vision is to become, by 2025, a strong and innovative Pan-African institution at the service of the structural transformation of member states' economies. Sarata Conateh, Chief Executive Officer of GCCI, expressed delight while thanking members of the private sector for gracing the occasion to explore other avenues of accessing finance. At the level of GGI, she explained that every time they do a survey, access to finance becomes one of the key challenges for doing business in the country.
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