MICROCAPITAL BRIEF: Joliba Capital Raises $58m in Equity from FMO, IFC, Proparco to Support SMEs, Mid-caps in Central, West Africa

Joliba Capital of Côte d’Ivoire recently raised EUR 55 million (USD 57.8 million) for its newly launched Joliba Capital Fund. The participants in this first close of the fund are the Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden (FMO); the International Finance Corporation (IFC),