BACK TO AFRICA for Partnerships, Joint Ventures and more

Eight years ago, we opened up our own FINANCE BOUTIQUE to share Experience accumulated in three Continents and Expertise in Development Finance, which has been a recurrent topic in our consultancies, backed by a solid banking background with the largest Italian commercial bank.

Currently we have planned to expand the activities in Africa, where already we have qualified relations in both Anglophone and Francophone Regions proved by a second and a third trip in Malawi, Guinea Conakry, Morocco, Niger, Mali and certified by reference letters granted by Governments and Institutions in Somalia and Guinea Conakry.

Why do establish a network of partnerships, associations and joint ventures in the Continent?  

We could do it in the Cariforum Countries (Caribbean) where we still recall the passionate discussions with the Representatives of the Banana Growers Associations; we could also mention the challenging meetings with the policy decision makers in Kaliningrad and Pskov while in Russia Federation, without disregarding the tough debates in the Balkans Region.

Eventually, the sentiment prevailed, and we opted for Africa where we started our overseas career in the 60s as Economist with the Central Bank of Somalia and then added fifteen Countries with a residential status in Malawi, Somalia, Swaziland and Burkina Faso.

Taking from above Facts and Figures we don’t say “we will do it”; we do say “we will continue doing it“

We do believe that like in chemistry, in economics it is a continuing process of review and revise of theories formulated to meet the desires, the demands for, the needs, the interests, the objectives and the aspirations of the people, which are prevailing at that moment in time.

Enfin, quelle est notre vision au sujet Développement ? Dans la période 1997-98 nous avons commencé à réfléchir d’une manière complète à ce sujet dans le cadre du Programme UN-FAO « Aliments dans les villes »,http://www.fao.org/fcit/fcit-home/fr/, et  en tant que Coordinateur du Groupe de Travail Finance nous avons préparé une “Étude de faisabilité pour des interventions en faveur de la petite entreprise commerciale alimentaire dans la ville de Addis Abéba”, à l’intention des Donneurs.

The thème Pauvreté a été débattu depuis longtemps. En Europe, dans le dix-neuvième siècle, des organisations humanitaires et de charité se sont exposées à aider tous et chacun ayant besoin d’une assistance de base. C’est dans cette époque que des organisations de petit crédit ont commencé à élaborer un modèle d’intervention en faveur des désavantagés, qui ont été aussi les bénéficiaires de l’action des Caisses d’Épargne, Populaires, Rurales, dans les années devenues des grandes banques à l’échelle internationale.

A partir des années cinquante du siècle passé le problème Développement a été adressé sous l’égide de l’aide. Dans ce contexte, et tout en référant aux thème Pauvreté dans les années soixante-dix un mouvement populiste dans le Sous-Continent de l’Asie a promu l’idée autant fasciné que risqué « crédit pour tout le monde ».

A présent le secteur de la Microfinance – auparavant incontrôlé – comprend centaines des réalités qui travaillent à côté des communautés et encadrées dans le coiffe législative et organisationnel des pays, à la suite des recommandations contenues dans le document Basel III publié en 2010 « Microfinance activities and the Core Principles for Effective Banking Supervision”, http://www.bis.org/publ/bcbs175.pdf. Donc l’an 2010 trace la ligne de démarcation pour une renouvelle action de terrain. Par ailleurs, ce document a inspiré notre ouvrage « Suggestions for designing a new credit model” publié en 2011 http://www.microfinancegateway.org/library/suggestions-designing-microcredit-model, mentionné parmi les trois premiers articles consultés (source CGAP).

An ultérieur et décisive pas en avant a été fait à cheval des années 2015-16 lorsque les établissements financiers internationaux ont discontinuité l’idée populiste du crédit en remettant l’individu au centre des interventions sur le terrain. Ici il faut citer le document Basel III ( http://www.bis.org, ), CGAP (http://www.cgap.org/publications/new-funder-guidelines-market-systems-approach-financial-inclusion), UN 2030 Agenda on SDGs http://www.un.org.) and CSFI Banana Skins (http://www.aboutmicrofinance.com/wp-content/uploads/2016/07/Banana+Skins_07-16_v8.pdf ).

Taking from above sources, in 2016 we have published FINANCIAL INCLUSION (https://www.amazon.co.uk/dp/B01ENJP37S?ref_=k4w_oembed_XABBfUDmCDeygV&tag=kpembed-20&linkCode=kpd) , which sub-title “Give people a job, not a loan”, synthetized our idea to replace the dominant role of the financial component in the economy moving from CREDIT-BASED ECONOMY to COMMUNITY-BASED ECONOMY; in a word, re-think the approach to the development taking from the requests of the Underserved clients, entrepreneurs and professionals – already committed and involved in the system – in need of assistance and capitals to have more and better access aux sources de financements.

Referring to Africa landscape in 2018 we have worked out a feasibility study The Gateway to Africa Inclusive Growth prêt à être traduit en Project (  https://www.morebooks.de/store/gb/book/the-gateway-to-africa-inclusive-growth-jambo-fund/isbn/978-620-2-28375-5) , to map-out the road to achieve the countries’ inclusive growth.

When you click the following line http://www.businessinsider.com/giant-infrastructure-projects-reshaping-africa-2016-12?IR=T/#in-2009-the-common-market-for-eastern-and-southern-africa-began-work-on-the-north-south-corridor-a-series-of-roadways-and-railways-spanning-more-than-6000-miles-across-seven-countries-its-total-cost-is-approximately-1-billion-1 you will have a concrete overview of what’s going on in Africa’s landscape and likely to conclude to give a chance to people living around this ideal spine and fulfil their aspirations and needs. But this is just an example, the opportunity being available everywhere, as we have

The big projects although being a condition for a solid development, they aren’t enough for a real take-off, which ask for a more inclusion of the people, which can be achieved with a remunerated job and promotion of the opportunities.

FINANCE BOUTIQUE has in the basket projects ready for implementation on the following topics: Inclusive Growth, Digitalisation of financial services, New Products, Bring together Entrepreneurs and Financiers, Fundraising, Start-up & Growth-up Activities, Restructuring Micro Financial Sector, facing undercapitalisation & Digitalisation & Management.

Dutifully, we have anticipated our way to work in terms of vision, objective, strategy and means so that our Business Partners – established consulting firms, development agencies, donors, trust funds, may see where to have a meeting point for our field activities. You may express your interest: ascaniograziosi@gmail.com and have a Skype meeting.