Geneviève Exchange, a US-based Fintech specializing in venture capital, will mobilize $ 2 million to finance 150 Very Small Enterprises (TPE) and Small and Medium-Sized Enterprises (SMEs) with high potential in Côte d’Ivoire.

A beneficiary identification campaign will be organized with the help of local partners.

The selections will be made in various business sectors that will benefit from funding thanks to the Geneviève Exchange platform which is actually a crypto exchange using Blockchain technology. “Tokens (digital assets) can be exchanged on the Geneviève platform in a fraction of seconds. It will be possible to exchange bitcoins or any other cryptocurrency against the action of an Ivorian SME to finance “said Fabien Dureuil (photo), CEO of Geneviève Exchange. It is also planned to provide training in tax, legal and accounting.

The arrival of cryptocurrency services poses a set of challenges that are not always clearly addressed by the monetary system regulators. In some countries, particularly in East Africa, central bank officials have spent some time.

The position of the BCEAO or the Regional Council for Savings and Financial Markets is also unclear. There is a set of rules that governs the creation of electronic money, but they are mainly applications in the context of financial transactions via telephony.

About The Author

CEO AfrikaTech

Comme beaucoup de personnes j’ai connu l’Afrique à travers des stéréotypes : l’Afrique est pauvre, il y a la guerre, famine… Je suis devenu entrepreneur pour briser ces clichés et participer à la construction du continent. J’ai lancé plusieurs entreprises dont Kareea (Formation et développement web), Tutorys (Plate-forme de e-learning), AfrikanFunding (Plate-forme de crowdfunding). Après un échec sur ma startup Tutorys, à cause d’une mauvaise exécution Business, un manque de réseau, pas de mentor, je suis parti 6 mois en immersion dans l’écosystème Tech au Sénégal. J’ai rencontré de nombreux entrepreneurs passionnés, talentueux et déterminés. A mon retour sur Paris je décide de raconter leur histoire en créant le média AfrikaTech. L'objectif est de soutenir les entrepreneurs qui se battent quotidiennement en Afrique en leur offrant la visibilité, les connaissances, le réseautage et les capitaux nécessaires pour réussir. L'Afrique de demain se construit aujourd'hui ensemble. Rejoignez-nous ! LinkedIn: https://www.linkedin.com/in/boubacardiallo

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