The Pan-African banking group Oragroup launches an issue of commercial paper for a total amount of FCfa 35 billion (53.3 million euros) through a public offering on the regional financial market of the Western Economic and Monetary Union -African (UEMOA) from November 5 to December 4, 2019, after obtaining the approval of the Central Bank of West African States (Bceao). “With a maturity of 2 years with a remuneration of 6.1% per annum, this operation is co-arranged by the management and intermediation companies, SGI Togo and CGF Bourse, and benefits from a 100% guarantee. % in interest and capital by the African Guarantee Fund (Agf West Africa)”, informs a press release sent to the Senegalese economy newspaper (Lejecos). Subscriptions can be made with all WAEMU approved management and intermediation companies. In 2016 and 2017, it should be recalled, Oragroup had already successfully issued commercial paper in two tranches for an amount of 35 billion CFA francs through a public call for savings on the regional financial market of West African Economic and Monetary Union (UEMOA). Since April 2019, Oragroup has also been listed on the Regional Stock Exchange (Brvm), for 20% of its capital, after the success of the public sale offer subscribed to 100% in 2018, i.e. a raising of 56 .92 billion FCfa (86 million euros) and the largest operation ever carried out at the BRVM. “These fundraisings on the regional financial market reflect a mark of strong confidence in Oragroup, its financial performance, its business model and its growth strategy. This new transaction, which creates value for investors, will allow us to continue our development in the service of our customers and the financing of regional economies,” said Oragroup CEO Ferdinand Ngon Kemoum. Oragroup is present in 12 countries in West and Central Africa (Benin, Burkina, Côte d'Ivoire, Gabon, Guinea Conakry, Guinea Bissau, Mali, Mauritania, Niger, Senegal, Chad, Togo) and in four areas monetary (UEMOA, CEMAC, Guinea Conakry, Mauritania). With 149 bank branches and 1,857 employees, Oragroup offers its 485,000 customers (large companies, national and international, SMEs and individuals) a wide range of banking products and services based on the principles of proximity and responsiveness. Working for financial inclusion through the deployment of innovative solutions, Oragroup focuses on segments of the population hitherto neglected. This commitment is reflected in its CSR approach, which is an integral part of its strategy and constitutes a priority for its governing bodies, centered around the energy transition, the management of environmental and social risks, and the well-being of the public and its employees. .