ACEP Group

Equity : October 2019

ACEP Group is a network of MFIs present in five African countries.

Amount

€ 4,100,000.00

Type of investment

Equity

Development impacts

  • Local economic growth
  • Private sector consolidation/innovation

Beneficiary locations

Sub-Saharan Africa: Burkina Faso, Cameroon, Madagascar, Niger, Senegal

Investment field

Financial Institutions

Activity

MFI

More investments in

ACEP Group

The ACEP network (Agency for Private Enterprise Credit) was initiated in 1989 in Senegal, and has successfully developed to Madagascar, Cameroon, Burkina Faso and Niger.

The creation of the ACEP Group aims to enable microfinance institutions active in French-speaking Africa (Madagascar, Burkina Faso, Niger and Cameroon) to benefit from the synergies specific to a network, mainly in the following areas: (i) development of the product range (in particular mobile banking), (ii) support in operational and financial management (iii) optimization in resource mobilization.

Development impacts

  • Local economic growth

    BIO's investment is focused at the group level to increase capacities at the national level. Also 2 new institutions dedicated to SME financing are to be created in Togo (2016) and Ivory Coast (2017), two countries where financial inclusion is at its lowest.

    ACEP currently offering loans to 6,544 SMES and 52,500 micro entrepreneurs and savings products to 33,000 clients.

  • Private sector consolidation/innovation

    With the enabling of an official group, the independent financial institutions dedicated to SME financing can benefit from network synergies and develop their capacities regarding:
    Common risk management pooling of financial resources;
    new product development;
    cost synergies;
    development of a common monitoring of social performance.

    The goal of the group is to promote the emergence of local talents by knowledge transfer and capacity building

    New products and lending methodologies in the financial market place (expansion of health insurance program already developed in Madagascar and mobile banking)

    Expansion in rural areas with dedicated products in Cameroon and Madagascar.

View more of our investments in this region

Fairtrade Access Fund

Investment Companies & Funds

Fairtrade Access Fund

  3,000,000.00

  Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda

  24/10/2019

  Equity

Africa Renewable Energy Fund

Investment Companies & Funds

Africa Renewable Energy Fund

  8,896,000.00

  Ghana, Kenya, Senegal, Uganda, Zambia

  30/10/2014

  Equity

Beyond the Grid Solar Fund

Investment Companies & Funds

Beyond the Grid Solar Fund

  4,175,007.50

  Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Nigeria, Rwanda, Tanzania, Uganda

  26/10/2017

  Debt

Senergy II

Infrastructure

Senergy II

  9,100,000.00

  Senegal

  13/11/2017

  Debt

Ten Merina Ndakhar

Infrastructure

Ten Merina Ndakhar

  16,000,000.00

  Senegal

  06/12/2016

  Debt

Adenia Capital IV LP

Investment Companies & Funds

Adenia Capital IV LP

  9,000,000.00

  Côte d'Ivoire, Ghana, Madagascar

  01/11/2016

  Equity

ACEP Group

Financial Institutions

ACEP group

  67,512.00

  Burkina Faso, Cameroon, Madagascar, Niger, Senegal

  23/07/2019

  Subsidy

Laiterie du Berger

Enterprises

Laiterie du Berger

  1,600,000.00

  Senegal

  18/07/2019

  Debt

Cofina Sénégal SA

Financial Institutions

Cofina Sénégal SA

  4,320.00

  Senegal

  28/01/2019

  Subsidy

AviNiger

Enterprises

AviNiger

  150,000.00

  Niger

  05/03/2018

  Subsidy

AviNiger

Enterprises

AviNiger

  4,272.75

  Niger

  05/03/2018

  Subsidy

AviNiger

Enterprises

AviNiger

  2,450,000.00

  Niger

  28/11/2017

  Debt

Enko Education

Enterprises

Enko Education

  2,000,000.00

  Burkina Faso, Cameroon, Côte d'Ivoire, Mali, Mozambique, Senegal, South Africa

  20/09/2018

  Debt

Adenia Capital III

Investment Companies & Funds

Adenia Capital III

  5,000,000.00

  Côte d'Ivoire, Ghana, Madagascar

  28/02/2012

  Equity

Adenia Capital III

Investment Companies & Funds

Adenia Capital III

  100,000.00

  Côte d'Ivoire, Ghana, Madagascar

  19/05/2016

  Subsidy

Adenia Capital III

Investment Companies & Funds

Adenia Capital III

  150,000.00

  Côte d'Ivoire, Ghana, Madagascar

  28/09/2012

  Subsidy

Moablaou

Enterprises

Moablaou

  600,000.00

  Burkina Faso

  30/01/2007

  Debt

Moablaou

Enterprises

Moablaou

  100,000.00

  Burkina Faso

  17/02/2009

  Debt

Cofina Sénégal SA

Financial Institutions

Cofina Senegal

  3,000,000.00

  Senegal

  15/03/2019

  Debt

Cofina Sénégal SA

Financial Institutions

Cofina Sénégal

  3,000,000.00

  Senegal

  15/03/2019

  Debt

Laiterie du Berger

Enterprises

Laiterie du Berger

  1,200,000.00

  Senegal

  20/07/2017

  Debt