This November 08, 2019, under the chairmanship of Mr. Calixte NGANONGO, Minister of Finance and Budget of Congo, was held in Brazzaville in the offices of the BEAC, a meeting of exchanges between Congolese banks and credit institutions and the African Guarantee and Economic Cooperation Fund (FAGACE). In addition to the Minister of Finance and Budget was present, the Minister of SMEs, Crafts and the informal sector, Madame Yvonne-Adélaïde MOUGANY. It should be noted that the work was directed by Mr. Hilaire MAVOUNGOU, Budget Advisor to the Minister of Finance and Budget and Administrator of Congo to the Fund and led by Mr. Basile TCHAKOUNTE Chief Executive Officer of the Fund and his delegation. As a reminder, FAGACE is an international financial institution specializing in the promotion of public and private investments through its various interventions, particularly in guarantees. The Fund includes fourteen (14) member countries including the Republic of Congo which joined the institution in 2011. Since its creation in 1977, the Fund has made it possible to mobilize nearly 2,000 billion FCFA for the benefit of the economies of the Member States in strategic sectors such as agriculture, agro-industry, industry, telecommunications and transport. ‘energy. Today, it is clear that Africa is constantly changing. To conform to the dynamism of its economies, and to the best practices of international financial institutions, FAGACE has carried out profound reforms since 2017. This strategic reorientation consisted in particular in paying greater attention to the problem of financing SMEs in these economies. Because SMEs / SMIs constitute more than 80% of the economic fabric of the Member States. They are recognized as engines of economic growth, innovation, regional development and job creation. However, they face many difficulties in accessing the bank financing necessary for the expansion of their activities. From the conclusions of several studies carried out, it emerges that one of the major obstacles for the financing of VSEs and SMEs by banks and MFIs is the guarantee. FAGACE is one of the pioneers in the Guarantee business in Africa and as such intends to bring its experience and contribution to the development of the Congolese economy. The objective of today’s meeting with Congolese banks and credit institutions is to strengthen the Fund’s interventions in Congo in line with the strategy of diversification of resources implemented by the Government. This meeting will thus have made it possible to discuss the appropriate risk-sharing mechanisms between the stakeholders in order to develop in the short term, the synergies necessary to boost the financing of SMEs and contribute to sustainable and inclusive growth in the country.