The WAEMU Regional Mortgage Refinancing Fund (CRRH-UEMOA) has just increased its capital to 9.888 billion FCFA. That is an additional contribution of 200 million FCFA.

From 9.688 billion FCFA, the capital of the CRRH-UEMOA increases to 9.888 billion FCFA. According to the information relayed by Togo First, the financial institution based in Lomé, to carry out this operation of increase of its capital, has issued 20,000 new shares with a nominal of 10,000 FCFA, fully paid up to mobilize 200 million FCFA.
With this injection of assets, the CRRH-UEMOA should have more room for manoeuvre to make new investments or develop its activity of refinancing real estate loans. The transaction is expected to provide CRRH-UEMOA, moody's third-highest-rated financial institution, in the common currency zone after the AfDB and BOAD, with financial strength that could avoid the need for debt.