Supporting the development of mobility on the African continent

15/02/2024

Supporting the development of mobility on the African continent

Societe Generale, in partnership with car manufacturer Stellantis, which includes the Peugeot, Citroën, Fiat, Jeep and RAM brands among others, and distributor Caetano Squadra Africa, SA, a Salvador Caetano Group company, announce the signature of a strategic collaboration agreement aimed at facilitating the sale and financing of Stellantis vehicle sales on the African continent.

Under this agreement, the parties undertake to work closely together to offer customers a comprehensive range of financial services - including loans, leasing and financial rental contracts, as well as complementary solutions such as insurance - adapted to local regulations and needs.

Alongside two strategic partners, Societe Generale is enriching its offer in sub-Saharan Africa and accompanying the transformation of the automotive sector and the changing needs of its customers,
Philippe Dubois,Head of Corporate, International Retail Banking, Africa, Mediterranean Basin & Overseas, Societe Generale
This agreement aims to open up new prospects in the African automotive market by offering innovative financing solutions for Stellantis vehicles. The aim is to create even more value and opportunities for Stellantis customers and dealers in sub-Saharan Africa,
Marc de Kergariou,Director of Stellantis Sub-Saharan Africa
We are delighted to have signed this strategic collaboration agreement with Stellantis, which represents an important step in our ongoing commitment to offer mobility solutions, meeting the evolving needs of our customers across the African continent,
Gabriel Almeida,COO of Salvador Caetano Africa