News
18 May 2020

FMO supports microfinance group Cofina in Senegal, Ivory Coast

Region:
Middle East & Africa

Dutch development bank FMO has closed multiple transactions to microfinance group Compagnie Financiere Africaine (Cofina). A total of €7.5 million is issued to Cofina’s subsidiary in Senegal, and €5 million to Cofina Ivory Coast.  Most of the funding will specifically support the lending to women and youth-owned businesses.

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