Finance

Côte d’Ivoire: Jely Group mobilizes CFA5 billion to support local SMEs

Côte d’Ivoire: Jely Group mobilizes CFA5 billion to support local SMEs
Friday, 15 May 2020 15:52

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/

On the same topic
Wise, a UK fintech, has received conditional approval to operate directly in South Africa, marking the company’s first regulated, on-the-ground...
Zazu raised $1 million in pre-seed funding to enter South Africa and Morocco ahead of a 2026 Africa-wide rollout. Over 1,000 SMEs are on...
FG Gold secured $330 million from AFC and Afreximbank for Baomahun, bringing total commitments to $430 million. The project aims to deliver...
Ethiopia’s ESX is not hindered by slow IPOs but by the deeper challenge of building a market culture that matches its emerging-market...
Most Read
01

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
02

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
03

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
04

JA Africa launches $1.5M digital safety program in four African countries Initiative to ...

Google.org, JA Africa to Train Children, Teachers and Caregivers in Digital Safety
05

Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...

Major Tech Reforms Needed for Francophone SSA to Attract More Investment, Report Says
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.