ACEP Group
BIO has granted EUR 12,500 of technical assistance to ACEP Group, a network of MFIs present in five African countries.
Amount
€ 12,500.00
Type of investment
Subsidy
Beneficiary locations
Investment field
Financial Institutions
Activity
The ACEP network (Agency for Private Enterprise Credit) was initiated in 1989 in Senegal, and has successfully developed in Madagascar, Cameroon, Burkina Faso and Niger.
Technical Assistance
The technical assistance supports the digital transformation of ACEP institutions and aims to ensure that the Core Banking System (CBS) selected by the institution is adapted to the needs of the group and its subsidiaries.
Development impact
Deployment of an adapted CBS in the 4 subsidiaries of the ACEP group. Improving data and security of data and transactions, and the efficiency of the implementation of processes of the institutions.
View more of our investments in this region
Investment Companies & Funds
AfricInvest SME Fund
10,000,000.00
Algeria, Egypt, Kenya, Morocco, Nigeria
09/12/2024
Equity
Investment Companies & Funds
Renewable Energy Performance Platform 2
15,000,000.00
Cameroon, Democratic Republic of Congo, Lesotho, Madagascar, Malawi, Niger, Nigeria, Sierra Leone, Zambia
06/12/2024
Debt
Investment Companies & Funds
African Rivers Fund IV
10,000,000.00
Angola, Democratic Republic of Congo, Uganda, Zambia
05/12/2024
Equity
