African Lease Group (ALG) continues to grow in the leasing and factoring market, in Togo and in the WAEMU region. The company recorded a turnover of 10.4 billion FCFA and a net profit of 5.4 billion FCFA

African Lease Group (ALG) recently obtained the group's A long-term issuer rating of A from the rating agency Bloomfield Investment with a stable outlook. Its performance is accompanied by a consolidated net income of 5.4 billion CFA francs. During the year under review, ALG also granted loans of 55.3 billion CFA francs during the fiscal year 2023. ALG's financial results over the last three years confirm a meteoric increase, on its own scale, and consistent with the growth of a new player in a leasing and factoring market that is still relatively virgin in the sub-region. Indeed, between 2021 and 2023, net banking income jumped from 3.3 billion FCFA to 10.4 billion FCFA, showing an increase of 128% in 2022, then by 39% in 2023. According to the Bloomfield Investment rating agency, this growth is supported by “proactive” governance and practices “in line with international standards