NSIA Banque, Orabank Secure $21M for SMEs in Francophone West Africa
TLDR
- NSIA Banque CI and Orabank CI are set to securitize receivables worth 12.65 billion FCFA ($20.92 million) to raise liquidity for SMEs
- The banks aim to use the proceeds to finance SME projects and small and medium industries (SMIs) within the zone
- The deal marks the first multi-seller securitization operation within the WAEMU region and will help finance SMEs and SMIs
NSIA Banque CI and Orabank CI are set to securitize receivables worth 12.65 billion FCFA ($20.92 million) to raise liquidity for small and medium-sized enterprises (SMEs) in the WAEMU region. The banks aim to use the proceeds to finance SME projects and small and medium industries (SMIs) within the zone.
This deal is part of the Keur Samba program, launched by BOAD Titrisation in March 2025. It marks the first multi-seller securitization operation within the WAEMU region and will help finance SMEs and SMIs in Côte d'Ivoire and other WAEMU countries. NSIA Banque CI and Orabank CI are the first Ivorian banks to participate in this program, aimed at improving financing access for SMEs.
Through this process, the banks will gain immediate liquidity, which will be used to support SMEs’ financing needs. The funds raised will allow the banks to increase their lending capacities and reduce borrower default risks. The program aims to improve financial access and diversify business opportunities within the region.
Daba is Africa's leading investment platform for private and public markets. Download here
Points clés à retenir
The Keur Samba program presents a new model for SME financing in WAEMU, helping banks quickly access funds and increase their support for SMEs. By securitizing receivables, the two banks can better manage risks while addressing the growing demand for financing in the region. The success of this initiative could inspire similar programs across other WAEMU countries, fostering regional integration and improving access to finance. It also highlights the increasing role of securitization in emerging markets, where it can help boost liquidity and provide more sustainable financing to SMEs, a key driver of economic growth.
Vous pensez que quelqu'un d'autre devrait voir ça ?
Investir dans cette opportunité et dans d'autres opportunités à travers l'Afrique
Téléchargez l'application daba finance sur votre mobile via
Passer à l'action.
Télécharger l'application
Entrez en partenariat avec nous
Débloquez des opportunités commerciales passionnantes et un potentiel de croissance.
Rejoindre Daba
Devenez membre de notre communauté dynamique et profitez d'avantages exclusifs.
Contactez-nous
Contactez-nous pour toute demande de renseignements, assistance ou collaboration.