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