US EditionTogo: Fintech Ollo Africa Increases Its Capital From 68 Million to 1 Billion Cfa Francs
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Lomé, January 03, 2026-(©FreePress)- The Togolese Fintech Ollo Africa S.A., duly approved by the Central Bank of West African States (BCEAO), announced a major increase in its capital, now increased to one billion CFA francs, against 68 million CFA francs previously. This strategic operation marks the entry of Togolese and American Angels business into the capital of the company, reflecting a renewed confidence of investors in its economic model.
The Togolese Fintech Ollo Africa announced an increase in its capital from CFAF 68 million to CFAF 1 billion (about USD 1,8 million). This transaction reflects the entry into the capital of Togolese and American Angels business alongside the founding shareholders, says a press release issued by the company on Tuesday, February 3. "This capital increase represents a turning point for Ollo Africa. It validates our approach: digitizing tontines whi…
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