I&P, BIO form ACEP Group to help Microfinance Providers in select Africa states transform into digital institutions

AFRICA – Investisseurs & Partenaires (I&P) and Belgian Investment Company (BIO) have created the ACEP Group to consolidate microfinance institution affiliates of ACEP (Agence de Crédit pour l’Entreprise Privée) international in Burkina Faso, Cameroun, Madagascar, and Niger. ACEP Group has already acquired controlling stakes in ACEP Burkina Faso, ACEP Madagascar and ACEP Niger and is aiming to acquire ACEP Cameroun as well. According to a report by Micro-Capital, the consolidation of ACEP activities is aimed at maintaining the MFIs’ commitments to their social missions. The unification of ACEP is also…

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