African Continental Free Trade Area (AfCFTA) on small and medium enterprises (SMEs) in Cameroon. The discussion, moderated by Nkeh Tamfu Paul, included panelists Henri Kouam, Rouben Tamba, and Chefor Daisy. Henri Kouam, CEPI’s founder, explained that the AfCFTA aims to unify African markets and reduce trade barriers, which could significantly lower input costs for SMEs. He noted that while SMEs constitute 99% of Cameroon’s economy, they face challenges like limited access to credit and information. Chefor Daisy introduced a framework for assessing SME readiness based on capacity, compliance, and connectivity, stressing the need for businesses to diversify revenue streams. Rouben Tamba emphasized the importance of collaboration among SMEs to meet supply demands and achieve product standardization. The panelists agreed that a hybrid approach combining digital transformation with regional partnerships is crucial for success.

The event concluded with several recommendations for policymakers and businesses. The speakers reiterated the need to build the capacity of entrepreneurs to enable them to trade under the AfCFTA. They also noted the need to create partnerships that accelerate digitization and support the attainment of the Sustainable Development Goals (SDGs). It was suggested that policymakers should ensure reforms target and impact informal sector workers and create incentives to formalize their businesses. Additionally, a tax holiday for newly registered businesses was proposed to encourage formalization and job creation