Financial market: EDK mobilizes 30 billion FCFA to accelerate its expansion

The EDK Group is calling on the regional financial market to mobilize 30 billion FCFA through a bond loan open for subscription from November 10 to 30, 2026. This operation, paying 7.50% over seven years, must finance a vast investment program, marked in particular by the opening of 45 new points of sale and the strengthening of its agro-industrial capacities.

The Senegalese EDK Group is taking a new step in its development strategy. Created in 2009, the group is launching a bond issue by public offering of 30 billion FCFA, called “EDK 7.50% 2026-2033”. Approved by the AMF-UMOA under number EOP/26-05, the operation concerns three million bonds with a nominal value of 10,000 FCFA each.

It offers a fixed annual interest rate of 7.50%, over a maturity of seven years, with two years of capital repayment deferral. Through this fundraising, EDK intends to finance a new phase of its expansion and consolidate its presence in several sectors of the economy.

The investment program includes the opening of 45 new points of sale, distributed between 15 EDK Oil service stations, 15 mass distribution stores under the Low Price SA brand and 15 Djolof Chicken restaurants.

The envelope mobilized will also contribute to the construction of a new TEFESS Industrie factory, specializing in the production of feed for livestock and poultry. The group also plans to modernize QuickPay payment solutions, with new equipment, the development of contactless payment and the strengthening of transaction security. This new stage builds on an already significant growth trajectory.

In 2025, EDK achieved more than 84 billion FCFA in consolidated turnover, with a network of 111 points of sale and more than 1,500 direct and indirect jobs. The group notably strengthened its mass distribution activity in August 2025, with the takeover of eight stores previously operated by CFAO Consumer, including five Supeco and three Carrefour Market.

For its president and CEO, Demba Ka, this program constitutes a lever to continue the dynamic initiated since the creation of the group. “The investments we are making today must allow us to continue this dynamic, expand our presence and strengthen our contribution to economic activity and employment,” he underlines.

Structured by Matha Securities, arranger and lead manager, with CGF Bourse as co-lead manager and MNS Capital as financial advisor, the transaction benefits from a guarantee covering 100% of the principal and interest. This is provided by the African Solidarity Fund (FSA), for 66.67%, and the African Guarantee and Economic Cooperation Fund (FAGACE), for the remaining 33.33%.
Oumar FEDIOR