ALGIERS/WASHINGTON, D.C., September 28, 2004
— IFC’s small and medium enterprises project development facility
operating in Algeria, the Centre International des Affaires (CINAF),
a local private consulting firm, and CCIMP (Marseilles’ chamber of commerce)
jointly held a one-day conference in Algiers today on boosting non-oil
exports by small and medium enterprises.
Recent studies by IFC, the private sector arm of the World Bank Group,
show significant growth in Algeria’s non-oil exports, and rapid diversification
– both by product type and country. However, while Algeria’s non-oil
exports are expected to remain robust going forward, exporters continue
to face severe constraints in the local export chain, including the inconsistent
application of legal texts.
Around 120 representatives from the financial sector, public export support
agencies, business associations, and over 70 small and medium enterprises
attended the conference, held under the patronage of the Algerian minister
for small and medium enterprises. The conference institutionalized the
transfer to Algeria of Cap sur l’International, a new training tool targeting
SMEs that are looking to open up foreign markets.
Cap sur l’International will help improve the ad hoc methods currently
used by Algerian exporters to approach foreign markets. It tool was initially
developed by CCIMP developed the training tool and has applied it successfully
in other countries. Six Algerian small businesses participating in the
local pilot phase of the Cap sur l’International tool presented export
action plans at the conference, developed with the assistance of CINAF
The conference also provided a forum for state export support agencies
in the finance and insurance sector and the Algerian customs agency to
discuss their available facilities and programs with the small and medium
CINAF (Centre International des Affaires) is a dynamic private
consulting firm founded in 2000, and organized in 4 LLCs: CINAF/parent
company (investment projects and services) – CINAF/Consulting
(consulting for companies’ upgrading and certification) – CINAF/Avomark
(virtual/online portal proposing services to enterprises), and
CINAF/ Agra (information, training and advisory services
in agribusiness). CINAF’s main fields are: local SMEs benchmarks dissemination,
new products and tools development, management competencies improvement,
international partnerships and networks promotion.
The mission of IFC (www.ifc.org)
is to promote sustainable private sector investment in developing countries,
helping to reduce poverty and improve people’s lives. IFC finances private
sector investments in the developing world, mobilizes capital in the international
financial markets, helps clients improve social and environmental sustainability,
and provides technical assistance and advice to governments and businesses.
From its founding in 1956 through FY04, IFC has committed more than $44
billion of its own funds and arranged $23 billion in syndications for 3,143
companies in 140 developing countries. IFC’s worldwide committed portfolio
as of FY04 was $17.9 billion for its own account and $5.5 billion held
for participants in loan syndications.