On this occasion, Mr. Ka indicated, giving "a quick overview" of their achievements and results in seven (7) years of activity, that Fongip has mobilized 72 billion Cfa of financing through 54 Decentralized Financial Systems (Sfd ) and 16 banks.

According to him, this financing has made it possible to create or consolidate 63,757 jobs, not to mention that 3,159 companies have benefited from the Fongip guarantee.

I congratulate all my collaborators here present with whom we have made Fongip exist which, in its beginnings, consisted of only six (6) letters and a simple sheet on which was inscribed a decree of creation, recalls Doudou Ka.

Who reassures the new pilot of Fongip in these terms: “This white sheet, reassure yourself madam, has been well filled. »

In this sense, the outgoing general manager of the structure gives "a quick overview of the achievements" made, in seven (7) years, thanks to his team "committed, loyal, steeped in expertise and a strong capacity for resilience".

From 2013 to our, says Mr. Ka, Fongip has mobilized 72 billion in financing through 54 Decentralized Financial Systems (Sfd) and 16 banks, which financing has made it possible to create or consolidate 63,757 jobs, not to mention that 3,159 companies benefited from the Fongip guarantee, and all the departments of the country were affected.

All this, says Doudou Ka, was achieved with a cumulative default rate of their portfolio of less than 7% of the commitments made by the institution in seven years of existence, which constitutes, according to him, an unprecedented performance for a public financing or guarantee structure in a country where, in the past, several institutions of the same type have been swept away by default rates of more than 70%.

For the civil engineer, outgoing general administrator, the cooptation in January 2020 of Fongip within the Professional Association of African Guarantee Institutions (Apiga), and the decision which entrusts them (Fongip) with 2021, the organization of the next general assembly of this prestigious organization, in addition to the first African conference on the financial guarantee of 2021, constitute the edifying proof of the rise in power and the increased credibility of this beautiful development tool that is Fongip.

"As I leave Fongip, I believe I have accomplished my part of the mission, while having the humility to recognize that there are still challenges to be met, in particular the finalization of the institutional change and obtaining of Bceao approval, a guarantee of the sustainability of its performance and its anchoring in the sub-regional financial ecosystem", finally confides the now former general manager of Fongip.