SOCIAL ENTREPRENEURSHIP : AN EFFECTIVE DEVELOPEMENT VECTOR FOR TOGO
Today, the African continent needs innovative solutions to boost its economy and enable its citizens to build a better future. However, the problem of access to finance remains an important obstacle to the emergence of enterprises of the Social and Solidarity Economy (SSE) and is one of the main questions for all entrepreneur wishing to embark on a project.
The question of access to funds is also how to prove to investors that the project is viable despite its youth and lack of experience? While banks have high borrowing rates, while State aid is not enough and crowdfunding does not yet provide fully satisfactory results, there is little opportunity for these young people to find the way to built a SSE project.
In addition to access to finance and the strengthening of the social enterprise ecosystem in Togo, the second edition of the International Conference on social entrepreneurship – to be held on 6-7 June in Lomé, Togo – will address issues of concern such as corporate social responsibility (CSR) in Togo, the legal framework and public policies of the company in Togo, social enterprises as a driving force for job creation or even the SSE and its relationship with local authorities.
So many economic and societal issues aiming to identify concrete measures and recomendations for social entrepreneurship as a vehicle for the development of the country.
Several actors have mobilized to organise this high-level event such as the Embassy of the United States of America in Togo, in partnership with the Pan-African Banking Group Ecobank (whose headquarters will host the event), the Alafia company, SSE International Forum and many other SSE actors.