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Acquisition: Senegal and BCEAO validate the acquisition of Microsen by SF Capital

21/03/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The Senegalese State and the BCEAO, regulator and supervisor of the banking sector in the eight countries of the West African Economic and Monetary Union (UEMOA), have approved the acquisition of Microsen SA by the Senegalese investment bank SF Capital. The announcement was made this Wednesday, March 19, 2025, by Moustapha Sow, CEO of the pan-African bank based in Dakar, Mauritius and the United Arab Emirates

.

With this acquisition, Microsen becomes, according to him, the first 100% Senegalese private microfinance bank and one of the few financial institutions owned by local private investors in Senegal. This step, says Moustapha Sow, marks a decisive turning point in SF Capital's expansion strategy and allows it to support the Senegalese economy more effectively, in line with the Senegal 2050 Plan, the new economic framework launched by the

current authorities.

This plan, in the opinion of the Senegalese businessman, aims to establish long-term economic development, with a particular focus on improving local expertise and transformation through the active involvement of the Senegalese private sector. galais

.

Microsen SA is a financing company that offers various services such as loans, loans, savings and banking services for SMEs, SMIs and individuals. Microsen has 7 branches spread over 3 regions: Dakar, Diourbel (Touba

) and Kaolack.
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