Industry Newsroom

FMO Invests USD13.5m in African Microfinance Group COFINA

Dutch development finance institution FMO has invested EUR12.5m (approximately USD13.5m) in African microfinance group Compagnie Financiere Africaine (COFINA) via two transactions: a EUR7.5m (approximately USD8.1m) investment in Cofina’s subsidiary in Senegal and a EUR5m (approximately USD5.4m) investment in Cofina Côte d’Ivoire. Read more