Showing posts with label Indigenous Business Advisory Services. Show all posts
Showing posts with label Indigenous Business Advisory Services. Show all posts

Tuesday, June 26, 2012

GIEPA given additional mandate, tasked to help MSMEs to access finance


The Gambia Investment and Export Promotion Agency has been given additional task to provide services to the micro, small and medium-sized enterprises to get access to finance, Kebba Touray, Minister of Trade, Industry, Regional Integration and Employment, has said. 

Trade Minister Kebba Touray
The Agency, whose main tasks include promoting and facilitating investment, business and export development in the country, is also mandated to provide small and medium-sized enterprises (MSMEs) with business development services to sustain their growth and development.

This has followed the dissolution of the Indigenous Business Advisory Services (IBAS), a government institution established to provide aid and support, as well as serve as an impetus, to indigenous small and medium-sized enterprises in the country. 

This revelation was made on Tuesday during the question-and-answer session of the second meeting of the National Assembly in the 2012 Legislative Year.

The trade minister’s statement was prompted by a question posed by the National Assembly Member for Janjanbureh, Foday Jibani Manka, who asked the minister to “inform this Assembly the current service of this institution (IBAS) and its effectiveness, to be able to strengthen and promote a dynamic enterprise culture providing necessary ingredients which will accelerate socio-economic growth for Gambians, particularly for unemployed youths”.