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Entrepreneurship

Japan to Create SMEs Dev’t Centres in Cameroon

Japan to Create SMEs Dev’t Centres in Cameroon
  • Comments   -   Thursday, 24 October 2013 16:46

(Business in Cameroon) - Cameroon’s Minister of the Small and Medium-size Enterprises, Social Economy and Handicrafts, Laurent Serge Etoundi Ngoa, has said that government requested Japan, through the Japan International Cooperation Agency, JICA, to create development centres for small and medium-size enterprises in the country.

Cameroon Tribune quotes the Minister as saying that “Government had solicited Japan for the creation of a centre for the development of SMEs in the country’s regions. Given that the Head of State has already created the Agency for the Promotion of SMEs, the programme of the centre can work within the framework of the agency.”

And to ascertain that all was in place for the centres, JICA’s Director for Africa, Inui Eiji, held discussions with Minister Etoundi Ngoa on Thursday October 24, 2013 in the Minister’s office. “The Director came to ascertain that the agency has been created, that a link is created between the functioning of agency and the bank for SMEs and above all, to be sure that aid that Japan will give through JICA to the agency and the bank is judiciously used,” the Minister is quoted as saying.

Saluting what he said is government’s engagement, the JICA Africa Director said, “There are a lot of possibilities to develop SMEs in Cameroon because there are good natural resources and high initiative by the government. Also, Cameroon has good human resources. We hope that we will have good results when we will begin the training of stakeholders of SMEs.”

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