West Africa Technical Assistance Programme
After having granted the Grameen Crédit Agricole Foundation a loan equivalent to € 12 million in CFA francs in order to support microfinance in West Africa, the European Investment Bank (EIB) allocated, on behalf of the Government of Luxembourg, a grant of € 332,000 to provide technical support to five microfinance institutions supported by the Foundation. This two-year programme will enable the Foundation to support Caurie (Senegal), Kafo Jiginew (Mali), Graine (Burkina Faso), ACEP Burkina Faso and ACEP Niger in order to facilitate their digital transformation, improve risk management or even strengthen the social performance management. Thanks to this partnership with the EIB and the Government of Luxembourg, the Foundation is increasing its presence in West Africa and strengthening its value proposition with its partners in the region.
Currently two missions are already underway: to Caurie (Senegal) with the update of the business plan and to KAFO Jiginew (Mali) with the implementation of a business continuity plan.
For more information, please contact Violette Cubier.