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Promoting financial inclusion in Africa: Orange Bank Africa announces its expansion in Senegal

12/10/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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Orange Bank Africa (OBA) in its market to promote financial inclusion in Africa has been established in Côte d'Ivoire for more than three years. It is now announcing its expansion in Senegal.

Orange Bank Africa (OBA) is fully committed to improving financial inclusion in West Africa. In fact, the World Bank announced that only 35% of the population has a bank account, 15.4% save with financial institutions and 6.7% have access to credit. For the institution, 86% of African countries have an inclusion rate of less than 50%. So, to meet its challenge and make its commitment a reality, the opening of a branch in Senegal thus marks a significant step for Orange Bank Africa.

“The upcoming opening of our branch in Senegal is a major step in our evolution. We are committed to bringing the best of what we have achieved on the Ivorian market to the people of Senegal,” said Jean-Louis Menann-Kouamé

, CEO of Orange Bank Africa.
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