Jely Group, a firm specializing in the financing and restructuring of SMEs has mobilized between September 2019 and April 2020, the amount of CFA5.3 billion (about $8.5 million) to support Ivorian SMEs. Of this sum, 20% has been disbursed to mitigate the impact of the coronavirus.
According to the group’s Managing Partner, Mamadou Kouyaté, “financing exists for SMEs, but only on the condition that they have a minimum of organization and good governance. At Jely Group, we have developed a methodology and expertise that enables us to transform any SME into a profitable and sustainable business. This way, we have the confidence of the lenders and we can raise funds even in difficult situations.”
Jely Group has developed a 6-point methodology based on a global approach of the company from strategy to finance, operational efficiency, HR, communication, and commercial efficiency.
About Jely Group
Jely Group is the first firm dedicated to SME financing and restructuring. Since its inception, Jely Group has assisted SMEs in the industrial, medical (pharmacies, clinics), real estate, and general services sectors. The company also has a branch dedicated to Human Resources (Jely HR) which offers recruitment, governance strengthening, and training services. https://www.jely-group.com/
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
Ethio Telecomis exploring financing support from Italy’s development bank Cassa Depositi e Prestiti (CDP) for digital infrastructure projects. The...
Portuguese glass-packaging group BA Glass seeks approval to acquire a 41.28% controlling stake in Tunisia’s Sotuver. The transaction values the block...
Shareholders rejected a A$170 million equity placementinvolving Afriland Bourse & Investissement and Eagle Eye Asset Holdings. Canyon Resources...
Proparco commits $15 millionto the African Transition Acceleration Fund (ATAF), a vehicle targeting early-stage climate infrastructure in...
Actress Wunmi Mosakuand director Kaouther Ben Haniarepresent Africa among contenders at the 2026 Oscars. Mosaku received a nomination for Best...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...