Description

The Keur Samba program is a regional financial innovation initiative designed to mobilize large-scale private capital by transforming long-term bank loans into negotiable securities (debt securities). This debt securitization mechanism (FCTC - Fonds Commun de Setrisation de Créances - Common Debt Securitization Fund) allows partner banks to release liquidity to finance local SMEs. The funds raised through these issuances are then used to increase access to credit, stimulate entrepreneurship, and strengthen sub-regional economic growth.

Objectives

🏦 Refinancing Banks:
Enabling commercial banks to sell SME debt to free up long-term lending capacity.

💼 Supporting SMEs:
Facilitating access to CFA franc financing for SMEs (including those in the agriculture, climate, and women-led sectors) in BOAD member states.

📈 Developing Markets:
Strengthening regional capital through the Regional Stock Exchange (BRVM) via the WAEMU multi-vendor FCTC.

🌍 Promoting Impact:
Promoting inclusive and sustainable growth in West Africa through replicable financial innovation.