Bank & Insurance
Cofina targets 2,000 SMEs in Senegal and Côte d’Ivoire with €12.5m in funding from FMO

Cofina targets 2,000 SMEs in Senegal and Côte d’Ivoire with €12.5m in funding from FMO

The agreement will enable the financial group founded by Ivorian Jean-Luc Konan to provide assistance to nearly 2,000 entrepreneurs in Senegal and Côte d’Ivoire, according to Jeune Afrique Business+ sources.

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            ▪ Cofina targets 2,000 SMEs in Senegal and Côte d’Ivoire with €12.5m in funding from FMO

▪ The agreement will enable the financial group founded by Ivorian Jean-Luc Konan to provide assistance to nearly 2,000 entrepreneurs in Senegal and Côte d’Ivoire, according to Jeune Afrique Business+ sources.

http://www.jeuneafriquebusinessplus.com/en/804430/cofina-vise-2-000-pme-au-senegal-et-en-cote-divoire-avec-lenveloppe-de-fmo-125-millions-e/

19/05/2020 at 20h01, by Jeune Afrique Business+

The funding will help Compagnie financière africaine (Cofina) consolidate its position as West Africa’s leading meso-finance institution serving clients who fall into the “missing middle” segment of finance, i.e., somewhere between traditional banks and microfinance institutions.

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