Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.
This investment is the latest in a series of operations carried out by the public fund, which is actively deploying capital to support Ivorian tech companies.
While other regional African fintechs struggle with profitability, Central Africa's mobile money ecosystem processed 3.5 billion transactions in 2023. The backbone? Nearly half a million street-level agents converting cash into digital currency.
Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.
