news - FMO provides a multi-currency and multi-country debt facility equal to USD 12.5 million to Alios

Alios Finance SA is the holding company of a Pan-African specialised finance group whose core business is to provide leasing financing. Alios Finance SA receives a multi-currency senior loan equivalent to USD 12.5 million with a 5 year tenor. Alios Finance SA will use this funding to provide operational and financial leasing products via its local subsidiaries to the primarily small- and medium enterprise client base. Alios finds its origins in Francophone Africa, but is increasing its outreach through strategic and selective growth in Anglophone Africa.

Alios plays an important role in developing the leasing financing sector in Africa, which still only represents a small share of the total financial sector and has ample room for growth. Thanks to the tailored asset based financing solutions, Alios is able to reach clients who are generally underserved by regular banks.

About Alios Finance
Alios is present in Africa since 1956. Alios has built up an impressive Pan-African coverage over the years. Always having operated as a Non-Bank Financial Institution with a clear focus on asset backed financing, Alios is a true specialist player in the rapidly growing lease sector in Africa.”