CDC-CI acquires stake in Green-Pay to boost innovation and financial inclusion in Côte d’Ivoire

By:  Nana Appiah AcquayeThe Caisse des Dépôts et Consignations de Côte d’Ivoire (CDC-CI) has acquired a stake in local fintech company Green-Pay, following the signing of an investment protocol. The transaction marks CDC-CI’s entry into the capital of Green-Pay alongside Orange Côte d’Ivoire Participation, a subsidiary of the Orange Group.

The investment aligns with CDC-CI’s mandate as a public financial institution to mobilise and channel long-term resources into innovative and high-impact projects that support Côte d’Ivoire’s sustainable economic and social development. Beyond the financial injection, the agreement establishes a long-term strategic partnership aimed at supporting national technology champions and accelerating the modernisation of the country’s financial ecosystem.

Green-Pay is already backed by Orange Côte d’Ivoire Participation, a major player in telecommunications and digital services in Côte d’Ivoire and the wider sub-region. The entry of CDC-CI strengthens the fintech’s shareholder base by combining the support of a long-term public investor with the expertise of a leading private-sector digital operator.

According to CDC-CI Director Genera,l Lassina Fofana, the investment forms part of the institution’s broader strategy to digitise aspects of its operations and promote the adoption of innovative financial solutions. He described the partnership as extending beyond capital investment to a shared commitment built on trust, sound governance and a common vision for advancing financial inclusion through innovation.

CDC-CI said the move underscores its ambition to support the digitalisation of financial services, which it considers a critical tool for expanding access to secure and modern payment solutions tailored to local needs for both individuals and businesses.

Green-Pay Managing Director, Anouar Traboulsi welcomed CDC-CI’s entry into the company’s capital, describing it as a strong signal of confidence and maturity for Côte d’Ivoire’s fintech ecosystem. He said the partnership with CDC-CI and Orange Côte d’Ivoire Participation is expected to accelerate the rollout of innovative and inclusive digital payment solutions, benefiting users and economic stakeholders across the country.