The private equity investor Mediterrania Capital Partners (MCP) announced a co-investment of €100 million in Coris Holding, the second largest banking group in the Economic and Monetary Union West African (UEMOA).

The strategic financing announced by MCP confirms the central role of the financial sector in the economic transformation of mainland. This investment is based on a solid partnership with powerful European development finance institutions, such as the Dutch Business Development Bank (FMO), British international investment (BII). As well as the Belgian Investment Company for developing countries (BIO), and the Danish Investment Fund for emerging countries (Impact Fund Denmark). This financial reconciliation aims to strengthen the banking group's own funds. This, in order to support its organic growth, accelerate its regional expansion, and support its external growth strategy in high-potential markets.

The founder and president of Coris Holding , Idrissa Nassa, said that the arrival of MCP and its partners, constitutes support that will strengthen their growth dynamic, consolidate their regional presence, and will support their mission. This mission to offer innovative and accessible financial solutions to its customers through the African continent.

For his part, the founder and CEO of Mediterrania Capital Partners, Albert Alsina underlines that “financial inclusion is an essential pillar of sustainable development in Africa. By promoting entrepreneurship and job creation, it contributes directly to the improvement of living conditions. Through this partnership with Coris Holding , we confirm our commitment to promote responsible growth, creator of economic and social value. Institutional support European Development Finance Agency (DFI) in this project, illustrates well this shared vision. That of investing where capital can generate an impact tangible and sustainable.”

noted that Mediterrania Capital Partners (MCP) is a specialized private equity firm in financing the growth of African SMEs and ETIs, in particular those committed to regional and international expansion strategies. With a strong operational presence in Abidjan, Barcelona, Barcelona, Casablanca, The Cairo, Valletta and Mauritius, MCP supports its partner companies by combining financial expertise, strengthened governance and integration systematic best practices in ESG.