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Xport Accelerator Programme: Empowering SMEs for African Market Expansion

The Xport Accelerator Programme, organized by MCCI and UNDP, conducted a three-day workshop from October 14-16, 2024. The event aimed to enhance the export readiness of 15 Mauritian and three Seychellois SMEs by covering essential topics such as export strategies and international marketing, while also addressing challenges faced in the African market under the AfCFTA framework. Key speakers highlighted the significance of SMEs to the economy and the growth potential within the African continent.

The Xport Accelerator Programme, orchestrated by the Mauritius Chamber of Commerce and Industry (MCCI) in partnership with the United Nations Development Programme (UNDP), aims to bolster the export capabilities of small and medium enterprises (SMEs) and facilitate access to trade opportunities presented by the African Continental Free Trade Area (AfCFTA). Spanning from October 14 to 16, 2024, this three-day intensive workshop gathered representatives from 15 Mauritian SMEs and three from Seychelles, providing crucial insights into navigating the complexities of the African export market. Throughout the workshop, participants engaged in comprehensive training sessions focused on pivotal topics such as export strategy, international marketing, financial risk management, logistics, and adherence to international trade standards. The programme also included discussions on brand positioning and digital marketing strategies. Participants had the privilege of receiving guidance from various institutions, including the MCCI and the Customs Department of the Mauritius Revenue Authority, enabling them to clarify queries related to exporting under the AfCFTA and to discuss the multifaceted challenges they have encountered. During the event, Mr. Patrice Marie, the Vice-President of the MCCI, underscored the significant economic contribution of SMEs, stating that “SMEs contribute about 40% to the country’s GDP, thereby covering 55% of employment.” He noted the presence of approximately 120,000 active SMEs in Mauritius, highlighting their potential for growth in international markets. In his remarks, he pointed to the rapid increase in service exports to Africa, particularly in banking and medical sectors, affirming the continent’s promise for service-related industries. Furthermore, Ms. Amanda Serumaga, UNDP Resident Representative for Mauritius and Seychelles, emphasized the wealth of opportunities that Africa offers for innovation and entrepreneurship. She remarked, “Africa, with its rich tapestry of cultures, resources, and innovative spirit, is swiftly emerging as a global hub for entrepreneurship.” Ms. Serumaga acknowledged the barriers that persist for many entrepreneurs in exporting their products and services, advocating for a focused effort toward capacity building to unlock the potential of African entrepreneurs. In conclusion, the Xport Accelerator Programme plays a pivotal role in enhancing the capabilities of Mauritian SMEs seeking to enter the African market. By facilitating training and collaboration with industry experts, the initiative strives to foster a conducive environment for sustainable growth and development within SMEs.

The Xport Accelerator Programme is an initiative designed to empower small and medium enterprises (SMEs) by enhancing their export readiness and helping them capitalize on opportunities arising from the AfCFTA. With a focus on building capacity and knowledge regarding the African market, this programme responds to the growing need for SMEs to expand their operations internationally, particularly within the thriving African context.

The Xport Accelerator Programme is instrumental in equipping Mauritian SMEs with the necessary tools and insights to successfully navigate the African market. By providing targeted education and fostering connections with experienced trade experts, the programme aims to unlock the vast potential that SMEs possess, contributing to economic growth and sustainability in the region.

Original Source: www.undp.org

Elena Garcia

Elena Garcia, a San Francisco native, has made a mark as a cultural correspondent with a focus on social dynamics and community issues. With a degree in Communications from Stanford University, she has spent over 12 years in journalism, contributing to several reputable media outlets. Her immersive reporting style and ability to connect with diverse communities have garnered her numerous awards, making her a respected voice in the field.

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