Jean-Luc Konan: “In 2020, Cofina will once again turn to the regional financial market to raise funding”
Energised by the success of an accounts receivable securitisation transaction initiated in 2018, the founder of Compagnie financière africaine (Cofina) is considering turning to the regional financial market once again – as soon as next year – via a bond issue or securitisation transaction.
Someone shares this article with you
▪ Jean-Luc Konan: “In 2020, Cofina will once again turn to the regional financial market to raise funding”
▪ Energised by the success of an accounts receivable securitisation transaction initiated in 2018, the founder of Compagnie financière africaine (Cofina) is considering turning to the regional financial market once again – as soon as next year – via a bond issue or securitisation transaction.
▪ https://www.africabusinessplus.com/en/799471/en-2020-cofina-va-solliciter-a-nouveau-le-marche-financier-regional-jean-luc-konan/
The financial institution, now active in seven West and Central African countries (Burkina Faso, Mali, Senegal, Guinea, Republic of Congo, Gabon and Côte d’Ivoire), began operating in Ouagadougou in mid-October. Compagnie financière africaine’s co-founder, Jean-Luc Konan, explained to Jeune Afrique Business+ that 50% of its resources are derived from traditional customer deposits, with the remainder coming from institutional investments such as social security funds and term deposits.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Bank
13/09/2021 at 15h24, by Africa Business+, updated 14/09/2021
Norfund relaunches support for Senegal SMEs, through COFINA
The Norwegian institution signed its first loan for two years in the country. Jean-Luc Konan, for his...
Bank
01/06/2021 at 18h27, by Africa Business+
Jean Luc Konan pockets a check for Fin’Elle subsidiary
The businessman at the head of the Cofina group and the general manager of the Fin’Elle branch wants...
Advisory
17/02/2021 at 17h11, by Africa Business+, updated 18/02/2021
Emmanuel Gaillard wants to reinforce its african DNA with new Gaillard Banifatemi Shelbaya Disputes law firm
By launching a firm dedicated exclusively to arbitration, the lawyer is counting on high profile players...
Bank
28/10/2020 at 16h07, by Africa Business+
Jean Luc Konan (Cofina) boosts funds for women-focused division Fin’Elle
Welcomed into the West African group at the end of 2019, the women-focused financial subsidiary is gaining...
Bank
01/10/2020 at 16h22, by Africa Business+, updated 11/12/2020
Cofina chooses banker Charles Eric Moulod to launch Togo subsidiary
According to Jeune Afrique Business+ sources, the West African mesofinance leader has chosen financier...
Bank
19/05/2020 at 18h01, by Africa Business+
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...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.