Digitizing SME Lending in Africa
The $300bn SME Funding Gap Opportunity

African Banker, in partnership with Backbase, invites you to watch a new webinar on how to rise to the current challenge.

According to the International Finance Corporation, small and medium-sized enterprises contribute to a large part of the global economy.

African Banker ImageBlue 1024x1024 - Digitizing SME Lending in Africa | The $300bn SME Funding Gap Opportunity

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of the 125 million companies
in the world are SMEs

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Is the estimated financing
gap for SMEs in Africa

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Of the GDP in African is
driven by SMEs

Despite the vast opportunities that SMEs offer, banks are in danger of missing this opportunity by not properly addressing this highly lucrative and accessible market. SME customers currently feel that services targeted at them could be better aligned with their specific needs.   But by focusing on understanding their business owner customers and providing more-targeted products, banks will be able to withstand competition from digitally-savvy challenger providers. 

In this webinar, experts will cover practical steps on how to digitise your processes to strengthen and increase SME lending in Africa:

– Using technology to spur SME lending across Africa

– The deployment of a digital-first SME lending strategy

– How to find new revenue streams

Industry experts will share their practical knowledge, hear from: 

Jules Ngankam – Group Deputy CEO at African Guarantee Fund

Vincent Chatard – COO at Mauritius Commercial Bank

Leonard Kange – General Manager Large Entreprises at Bank of Industry

Cornel Dixon – Head of Africa at Backbase

 
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