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allafrica - 7 month ago

West Africa:COFINA records 16 billion CFA francs in subscriptions at the close of its first securitisation operation.

[35°N] Abidjan, June 13, 2018 -- COFINA, Africa s leading institution for mesofinance, has raised more than 16 billion CFA francs, an oversubscription of 60% reflecting strong investor interest. The money raised will be reinvested in the financing of small and medium-sized businesses in the region.

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