FIAC-PMEXCHANGE: Greater Visibility For Local SMEs

The announcement was made during a press conference presided over by the Trade Minister yesterday in Douala.

T he International Business and Trade Fair, FIAC organised by Inter-Progress International Foundation under the leadership of Foundation President, Pierre Zumbach, has taken another dimension. FIAC’s partnership with the International SME Forum known by its acronym PMEXCHANGE, and endorsed by Trade Ministry in September 2019, has given birth to a giant dubbed FIAC-PMEXCHANGE that will organise ground-breaking trade fairs in Douala every even year. Speaking to journalists yesterday, Trade Minister, Luc Magloire Mbarga Atangana said the initiative is in line with the Head of State’s greater opportunity policy and charged the two parties that have come together to boost company’s performances and to carry Cameroon’s economy to the next level, to promote Cameroon’s label and image as well as contribute to the walk towards emergence. With Africa being a free trade zone, he enjoined them to take advantage of it. “Douala has to be positioned as the heartbeat and economic capital of Africa,” he said. On his part, the President of Inter-Progress, Pierre Zumbach disclosed that the partnership is a result of a longstanding relationship of many years of collaboration that created the confidence, coupled with the many PMEXCHANGE fair organised by E-CAM. For FIAC-PMEXCHANGE to grow, Pierre Zumbach said he counts on the decisive role of economic operators, political, administrative and traditional authorities and the Douala City Council as well as other structures that accompany big projects like SMID and SEDO. To the President of E-CAM, Protais Ayangma Amang, who has ran the structure successfully for 10 years and has organised four editions of PMEXCHANGE in Douala, their mission is to put small and medium-sized enterprises in the economic ecosystem for a sustainable development. He said they will not rest until Douala is positioned as one of the most attractive cities not only in Central Africa but the African continent at large. The second edition of FIAC that will be the first edition of the joint venture will run from April 14 to 19, 2020 at the Camtel Bepanda Complex in Douala which has a space of about 3.5 hectares. The first edition saw the participation of some 500 companies and this year’s edition will feature some innovations like the participation of the maritime sector, insurance, microfinance among others. Conferences, debates, B to B, B to C will also take place during the trade fair.

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