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/
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
First investor town hall since 2021 signals renewed engagement with markets Authorities hi...
AfDB backs $11.3 million mechanism to fund mini-grids in fragile countries Model uses advance sales of renewable energy credits to unlock...
Ethiopia has completed and operationalized its first national digital coffee traceability platform, developed with Germany’s GIZ The system aims to...
Fitch affirms Tanzania’s B+ rating with stable outlook Growth expected to outpace peers, driven by infrastructure and mining External shocks,...
Japanese bank SMBC provides €200 million ($230 million) to BOAD Funds will support agriculture campaigns and fuel supply in WAEMU BOAD also...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...