Investing in Africa: Myth or Reality

To close “The Grameen Crédit Agricole Foundation Week”, Crédit Agricole SA and the Foundation organized a conference on the Crédit Agricole Campus in Montrouge on the challenges and opportunities of investing in Africa. Three exceptional guests exchanged views on this plural continent.

Alongside Crédit Agricole Group, the Grameen Crédit Agricole Foundation has been committed for 10 years to promoting inclusive finance and social impact entrepreneurship. To mark its 10 years of collective action, Crédit Agricole SA and the Foundation organised the “Grameen Crédit Agricole Foundation Week”.

The meeting “Investing in Africa: Myth or Reality” closed the week on November 22nd. Can we look at our future by ignoring the African continent? Our three exceptional guests brought their outlookon this diverse continent, its challenges, its stakes and its potential for investment, sharing with the many assistants their expert eye and their personal experience of this continent.

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Created in 2008, under the joint impetus of the directors of Crédit Agricole S.A. and Professor Yunus, winner of the 2006 Nobel Peace Prize and founder of the Grameen Bank, the Grameen Crédit Agricole SA Foundation is a multi-business operator that contributes to the fight against poverty through financial inclusion and entrepreneurship with a social impact. As an investor, lender, technical assistance coordinator and fund advisor, the Foundation supports microfinance institutions and social enterprises in nearly 40 countries.

The Foundation and Social entrepreneurship

© FGCA

Alongside Crédit Agricole Group, the Grameen Crédit Agricole Foundation has been committed for 10 years to promoting inclusive finance and social impact entrepreneurship. To mark its 10 years of collective action, Crédit Agricole SA and the Foundation organised the “Grameen Crédit Agricole Foundation Week”.

The Foundation Week was launched with the meeting “The Foundation and Social Impact Entrepreneurship” organised on November 19th. The event brought together three social entrepreneurs supported by the Foundation to discuss the main issues of the sector. It was also on this occasion that the NGO Entrepreneurs du Monde received the check corresponding to the amount collected during the Centimes Solidaires campaign.

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Created in 2008, under the joint impetus of the directors of Crédit Agricole S.A. and Professor Yunus, winner of the 2006 Nobel Peace Prize and founder of the Grameen Bank, the Grameen Crédit Agricole SA Foundation is a multi-business operator that contributes to the fight against poverty through financial inclusion and entrepreneurship with a social impact. As an investor, lender, technical assistance coordinator and fund advisor, the Foundation supports microfinance institutions and social enterprises in nearly 40 countries.

The Grameen Credit Agricole Foundation Week

The Foundation, 10 years of action alongside Crédit Agricole Group

Created 10 years ago under the joint leadership of Crédit Agricole’s directors and the 2006 Nobel Peace Prize laureate Muhammad Yunus, the Grameen Crédit Agricole Foundation is a multi-business operator that aims at promoting inclusive finance. As an investor, lender, technical assistance coordinator and fund advisor, the Foundation supports over 70 microfinance institutions and social business companies in 35 countries with over € 77 million in commitments.

Since the very beginning, Crédit Agricole Group has supported the Foundation’s action in the microfinance and social business sectors. Ten years later, the links are strengthening and partnerships with the Regional Banks and Group entities are consolidating. To mark its 10 years of collective action, Crédit Agricole SA and the Grameen Crédit Agricole Foundation are organising in November “The Grameen Crédit Agricole Foundation Week” with a series of events open to Crédit Agricole Group employees.

An anniversary celebrated with the Group’s employees

The Foundation Week will begin with the meeting “The Foundation’s actions in favour of a socially useful entrepreneurship”, organised on 19 November in the Green Auditorium of the Crédit Agricole campus in Montrouge. This meeting will bring together social entrepreneurs and entrepreneurs supported by the Foundation to discuss the main issues of the sector. It will also be an opportunity to present to the NGO Entrepreneurs du Monde a cheque for the amount raised during the “Centimes Solidaires” campaign. The amounts collected will be used to support entrepreneurship projects for refugees, single parents and homeless people.

On November 22, the meeting will take place in the Red Auditorium in Montrouge “Investing in Africa: myth or reality”. This event will focus on opportunities and challenges related to investment operations in Africa and address the issue of the impact of entrepreneurship and financial inclusion on the African continent. On that occasion, investors and experts of investments in Africa will be present and will share their views on the topic of development and financial inclusion in African countries.