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.

19/05/2020 at 18h01, by Africa 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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