The Côte d’Ivoire and Senegal subsidiaries of the African mesofinance group Cofina recently obtained a credit line of €16 million for the former and €10 million for the latter from the European Investment Bank (EIB).

This financing, totaling €26 million ($27.7 million), will be on-lent to small and medium-sized enterprises (SMEs) and intermediate-sized enterprises (IMEs) active in the cocoa, cashew nut and food crop agricultural value chains in Côte d’Ivoire, and cereals and horticulture in Senegal.

For more information, please see https://www.ecofinagency.com/finance/1609-44860-cofina-group-secures-27-7mln-loan-for-agri-smes-in-cote-d-ivoire-and-senegal