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X-ORIGINAL-URL:https://www.foretiafoundation.org/
X-WR-CALNAME:Denis & Lenora Foretia Foundation | Catalyzing Africa's Economic Transformation
X-WR-CALDESC:Catalyzing Africa's Economic Transformation
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BEGIN:VEVENT
CLASS:PUBLIC
DTSTART;TZID=UTC:20210811T140000
DTEND;TZID=UTC:20210811T150000
DTSTAMP:20220908T102800
UID:MEC-6ffad86b9a8dd4a3e98df1b0830d1c8c@foretiafoundation.org
CREATED:20220908
LAST-MODIFIED:20220908
PRIORITY:5
TRANSP:OPAQUE
SUMMARY:Effective Digitalization For The Development of Small And Medium-Sized Enterprises (SMEs) In Cameroon
DESCRIPTION:\nDate & Time: 11th of August, 2021, from 2:00 pm to 3:00 pm.\nVenue: Zoom Platform (Register Here ( https://foretiafoundation.zoom.us/webinar/register/WN_Mw7PfT0KTAe8Bh7uU65xJQ ))\n\nBackground  \nIn Cameroon, about 98% of all businesses are Small and Medium Enterprises (SMEs). In addition, 90% of these SMEs are “micro” enterprises (entities with fewer than five employees). Though business growth has been steadily rising over the years, 50% of new businesses fail within 3 years, and about 80% die within the first 5 years. SMEs are the primary vehicle for economic outputs, but they only have a small share of the economy and have a low success rate. Although these SMEs employ above 60% of the population, 70% of the SMEs still operate informally and lack adequate managerial skills, proper accounting procedures, and sound financial planning. The majority of these SMEs do not have access to finance, lack appropriate skillsets.\nThe challenges faced by SMEs increased with the arrival of the COVID-19 pandemic due to the barrier measures put in place. The production rate and the number of customers decreased with a direct impact on profits. GICAM, in one of its 2021 report, declared that 92% of companies indicated that the COVID-19 pandemic is having a very negative impact on their activities. Among those, SMEs (61%) were the most affected.\nIn one of the webinars organized by the Small Business and Entrepreneurship Center (SBEC) on the impact of COVID-19 on SMEs, it became clear that the adaptation of several companies is linked to digitization. In addition, the online service companies had instead made profits.  Then digitalization is one of the most effective solution to solve these SMEs problems. Therefore, against this framework, the Small Business Entrepreneurship Center (SBEC) of the Denis and Lenora Foretia Foundation seeks to organize a webinar on the importance of effective digitalization for SMEs development in Cameroon.\nObjective of the webinar discussion \nThe main objective of this webinar is to discuss how digitalization could permanently take a prominent place in the functioning of SMEs in Cameroon.\nSpecifically;\n\nTo examine the contribution of digitalization in entrepreneurship.\nExamine the current challenges of digitalization on entrepreneurship in Cameroon.\nCritically assess government measures put in place to promote digitalization in the entrepreneurship sector in Cameroon.\nIdentify and propose possible measures to ameliorate the conditions of digitalization in entrepreneurship in Cameroon.\n\nTarget audience:\n\nEntrepreneurs\nExperts in Public Policy and Policymakers\nEconomists and Researchers\nCivil Society Organizations and other interested stakeholders\nMembers of SBEC Network\nGeneral public\n\n Expected outputs and outcomes\nAt the end of the panel discussion, the participants will understand;\n\nThe contribution of digitalization in entrepreneurs;\nThe digitalization in the entrepreneurial ecosystem in Cameroon\nCurrent challenges faced entrepreneurs and government measures put in place to promote digitalization in entrepreneurship in Cameroon\nThe possible actions needed to improve the use of digitalization in entrepreneurship in Cameroon.\n\nPanelists and Moderator\n\nDr Ahanda Sosthène Nicaise   (Moderator)\nMadame Christel Youbi   (President of SENAT JCI Cameroon)\nMr Cyrille Schouamé   (Head of Department of Corporate Culture Dissemination at minpmeesa.)\nAbara Dibaki   (Consultant- Trainer, Entrepreneur. Promoter of the management and HR consulting firm OpenLab Advisory.)\nOlivier Emega BISSOM   (Technical Director CAFCOOP Company)\n\nOrganizers\nThis webinar is organized by the Small Business Entrepreneurship Center (SBEC) of the Denis and Lenora Foretia Foundation.\nVenue and Date \nThe webinar is scheduled for the 11th of August, 2021, from 2:00 pm to 3:00 pm.\nREGISTER HERE\n\n
URL:https://www.foretiafoundation.org/event/effective-digitalization-for-small-and-medium-sized-enterprises-smes-development-in-cameroon/
ORGANIZER;CN=Foretia Team:MAILTO:info@foretiafoundation.org
CATEGORIES:Events,Small Business & Entrepreneurship Center
LOCATION:Zoom Online
ATTACH;FMTTYPE=image/jpeg:https://www.foretiafoundation.org/wp-content/uploads/2021/07/SBEC-11-August-event-fb-eng.jpg
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