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Senegal : FONSIS provides 2.5 billion FCFA to AL RAHMA to finance SMEs

The Sovereign Wealth Fund of Senegal (FONSIS) continues its commitment to an inclusive economy by granting 2.5 billion FCFA to AL RAHMA, a subsidiary of BNDE specializing in Islamic microfinance. This funding aims to provide SMEs with competitive and tailored financing options. It is part of the Islamic Resilience Fund (FIR), launched by the State in partnership with the Islamic Development Bank (IDB), totaling 20 billion FCFA.

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