SMEDA leads initiative to connect SMEs across 57 OIC states

SMEDA has wrapped up a three-day workshop to shape a proposed business-networking platform for small and medium enterprises across the 57 OIC member states. Held from October 27-29 through the COMCEC Project Funding Programme, the meeting ended with participants agreeing to work towards a practical model that can fund its own operations over time.

Representatives from SME institutions in Turkiye, Egypt, Senegal and Malaysia, along with international specialists, discussed the platform’s governance, organisation and finances. SMEDA says it is intended to connect businesses with buyers, suppliers, distributors, investors and technology partners, while offering market information and support for cross-border trade. Officials said the initiative could widen market access and contribute to export-led growth, but its delivery will depend on coordination and a sustainable operating framework.