Company Information

Get to know Locafrique

Founded in 1977, Locafrique is the first leasing company established in Senegal. Its mission is to support the economic development of the country by providing tailored financing solutions. The company's core services include equipment leasing (for vehicles, industrial machinery, IT equipment, etc.), real estate leasing, and medium to long-term credit facilities, primarily serving SMEs, large corporations, and professionals in the West African region.

Industry

Financial InvestmentPRIMARY
Financial Other Service

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Locafrique

Senegal

Founded in

1975 (51 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.