{"id":988697,"date":"2026-10-06T07:05:52","date_gmt":"2026-10-06T07:05:52","guid":{"rendered":"https:\/\/aaasme.africa\/?p=988697"},"modified":"2026-10-23T02:12:24","modified_gmt":"2026-10-23T02:12:24","slug":"aaasme-inaugurates-leadership-structure-for-continental-sme-billion-fund-ubuntususu","status":"publish","type":"post","link":"https:\/\/aaasme.africa\/fr\/aaasme-inaugurates-leadership-structure-for-continental-sme-billion-fund-ubuntususu\/","title":{"rendered":"AAASME inaugure la structure de leadership du fonds milliardaire continental SME $Billion Fund, UbuntuSusu"},"content":{"rendered":"
As seen on: <\/b>The Nation<\/span><\/a> | <\/span>Tribune<\/span><\/a><\/p>\n

A new chapter has opened in Africa\u2019s quest for homegrown SME financing as the All Africa Association for Small and Medium Enterprises (AAASME) inaugurates the leadership and governance structure of the Continental SME Billion Fund, known as UbuntuSusu.<\/b><\/p>\n

The inauguration marks a significant step in the development of the Pan-African financing initiative, which seeks to mobilise capital for small and medium enterprises across the continent and create a more inclusive financial ecosystem for African entrepreneurs.<\/span><\/p>\n

The inaugural meeting of the fund\u2019s leadership was held on <\/span>August 24, 2026<\/b>, following the earlier unveiling of the leadership structure during AAASME\u2019s Africa Day activities in May.<\/span>\u00a0<\/span><\/a><\/p>\n

Building an African-Owned Financing Platform<\/b><\/p>\n

UbuntuSusu is founded on an Afrocentric approach to finance, drawing inspiration from indigenous African cooperative savings and revolving finance traditions such as <\/span>Susu, Stokvels, Chamas, Chilimbas and Village Savings and Loan Associations<\/b>.<\/span><\/p>\n

The concept seeks to modernise these community-based financial practices by combining collective participation and shared responsibility with institutional investment, blended finance and digital infrastructure.<\/span><\/p>\n

For AAASME, the objective goes beyond simply providing loans. UbuntuSusu is envisioned as a continental platform capable of helping African SMEs access <\/span>patient capital, investment, markets, technology and business opportunities<\/b>.<\/span><\/p>\n

The initiative is being developed as a <\/span>US$1.4 billion Pan-African blended finance platform<\/b>, with an ambition to reach Africa\u2019s vast SME community and contribute to the economic transformation envisioned under the African Union\u2019s Agenda 2063.<\/span><\/p>\n

Continental Leadership for a Continental Fund<\/b><\/h2>\n

To give the initiative a truly Pan-African character, AAASME has established regional leadership representing different parts of Africa and the African diaspora.<\/span><\/p>\n

\"AAASME<\/p>\n

The regional co-chairs are:<\/span><\/p>\n