Solidarity in Action: Empowering SMEs Through G20 Cooperation and Innovation

The panel will explore how South Africa can position their SME sector to benefit from evolving policy landscapes, including supply chain diversification as businesses seek alternatives to traditional markets. The Minister will address digital trade facilitation tools, including new technologies such as blockchain and AI alongside innovative financing mechanisms such as export credit guarantees and risk mitigation instruments. The discussion will focus on intra-G20 trade facilitation opportunities, South-South cooperation strategies, and capacity building initiatives to help SMEs navigate complex tariff regimes.

The session will conclude with future-proofing strategies for building SME resilience against trade disruptions, emphasizing regional value chain development and government support frameworks that enable smaller businesses to thrive in an increasingly volatile global trade environment.

Speakers

Ethiopis Tafara

Ethiopis Tafara

Regional Vice President, Africa, International Finance Corporation

Ashor Sarupen

Ashor Sarupen

Deputy Minister of Finance, South Africa

Mohamed Gouled

Mohamed Gouled

Vice President, Industries, International Finance Corporation

Moderator

Bongi Kunene

Bongi Kunene

Managing Director, Banking Association South Africa (BASA)