SME access to finance

Only 22.6% of Senegalese companies have a bank loan or credit line, and 68% of SMEs do not even approach a financial institution, often expecting to be turned down (ADEPME, World Bank). Access to finance is the first of the five private-sector priorities championed by CNES.

Action taken

• Institutional visits to FONGIP and CNP to strengthen SME financing (May 2026);
• Presentation at CNES headquarters of PAYKapital (19 May 2026), the supply chain finance platform of CDMP, a CDC subsidiary, with the fintech Proboutik: a fully digital reverse factoring mechanism, with technical support from IFC, giving SMEs faster financing backed by real transactions.

Major projects 2026-2027

• Reform of SME financing and better access to credit;
• New financing mechanisms;
• Shorter payment times.