Entrepreneurship Promotion : National Days of SMEs Open in Yaounde

The fourth edition of the event opened at the Conference Center yesterday focuses on innovation.

Some 50 entrepreneurs from across the national territory are currently taking part in a three-day doing business promotion event which opened at the Yaounde Conference Centre yesterday December 19. The event is the fourth edition of the National Days of Small and Medium-sized Enterprises which was opened by Minister Laurent Serge Etoundi Ngoa on behalf of Prime Minister and Head of Government, Philemon Yang. The entrepreneurs are engaged in exhibitions, B2B and B2G exchanges with promoters of SMEs, large companies, financial institutions, research institutions and project holders.

In an opening speech read after speeches from representatives of the private sector, the Prime Minister’s representative, Laurent Serge Etoundi Ngoa who is the Minister of Small and Medium-sized Enterprises, commended the youth who already have demonstrated a strong commitment to entrepreneurship. He noted it is a guarantee of self-employment, professional safety and social enhancement. He said that the theme of the fourth edition of the National Days of Small and Medium-sized Enterprises “Promote Entrepreneurship and innovative SMEs for a Strong and Inclusive Growth” is intended to show government’s willpower to accelerate reforms needed to sustainably stimulate business creation, while valuing talents and job creation.

He also said that Cameroonians with outstanding innovations would be awarded at the event which ends on December 21. Citing a few of the many measures already taken by government to promote SMEs in Cameroon, the Minister acknowledged the fact that so much is still left to be done for the sector which harbours 94% of companies in the country. The Minister urged participants to use the conference debates as an opportunity to chip in suggestions that would move the sector forward. Debates in the event are centred on stock-taking of institutional and strategic framework for the promoting entrepreneurship and SMEs in Cameroon; digitalisation of SMEs and acceleration of economic growth; and strengthening the entrepreneurial culture and competiveness of Cameroonian SMEs.

Laurent Serge Etoundi Ngoa, Minister of Small and Medium-sized Enterprises, Social Economy and Handicrafts was accompanied at the opening ceremony of the event on Tuesday by the Minister of Economy, Planning and Regional Development, Louis Paul Motaze, Minister of Higher Education, Jacques Fame Ndongo, Minister of Youth and Civic Education, Mounouna Fotso, Minister of Employment and Vocational Training, Zacharie Perevet, Minister of Communication, Issa Tchiroma Bakary and a representative of the Minister of Livestock, Fisheries and Animal Industries, Dr Taiga.

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