Oragroup: Côte d’Ivoire’s CNPS courted by Mansa Bank-SBNA consortium
El-Hassana Kaba’s Mansa Bank of Côte d’Ivoire – CFAF 125 billion in total assets in 2020 –joined forces with banker Charles Kie’s SBNA to acquire the Lomé-based holding company Oragroup. The Caisse Nationale de Prévoyance Sociale (CNPS) of Côte d’Ivoire is one of the institutional investors approached to support the bid.
Someone shares this article with you
▪ Oragroup: Côte d’Ivoire’s CNPS courted by Mansa Bank-SBNA consortium
▪ El-Hassana Kaba’s Mansa Bank of Côte d’Ivoire – CFAF 125 billion in total assets in 2020 –joined forces with banker Charles Kie’s SBNA to acquire the Lomé-based holding company Oragroup. The Caisse Nationale de Prévoyance Sociale (CNPS) of Côte d’Ivoire is one of the institutional investors approached to support the bid.
▪ https://www.africabusinessplus.com/en/811783/oragroup-cote-divoires-cnps-courted-by-mansa-bank-sbna-group/
Confronted by Tiemtoré Compaoré‘s Vista Bank, Idrissa Nassa‘s Coris Bank International, and the Nigerian Access Bank, another candidate, this time from Côte d’Ivoire, has expressed interest in the Oragroup file, which has been on the block since 2019. At stake is the takeover of Emerging Capital Partners (ECP)’s interest and part of the interests of the institutions Proparco, DEG, BIO and the West African Development Bank (BOAD) in the banking group present in a dozen countries of the continent.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Telecoms
10/01/2023 at 17h11, by Africa Business+, updated 11/01/2023
CNPS acquires at least CFAF50 billion shares in Orange Côte d’Ivoire
Under the leadership of Denis Charles Kouassi since 2019, the Ivorian National Social Security Fund...
Bank & Insurance
16/12/2022 at 17h12, by Africa Business+
Ferdinand Ngon Kemoum’s teams secure Oragroup’s portfolio with AGF and GuarantCo
At the end of the year, the pan-African banking institution successfully negotiated two portfolio guarantees...
Commercial banking
18/10/2022 at 08h13, by Africa Business+
Simon Tiemtoré’s Lilium Capital to take control of Oragroup
According to Africa Business+ sources, the American-Burkinabè financier and lawyer, head of the Vista...
Bank
06/09/2022 at 20h00, by Africa Business+
CGRAE terminates agreement to sell stake in Oragroup to SBNA West Africa
The Ivorian pension fund has put an end to its contract to vend its 9% stake in the West African banking...
Bank
01/09/2022 at 17h01, by Africa Business+
Oragroup : ongoing block trade raises questions about future valuation of full divestment
The block trade transaction underway for the purchase by SBNA West Africa of 6,100,481 shares of IPS-CGRAE...
Bank
08/04/2022 at 15h21, by Africa Business+, updated 10/04/2022
Bicici: BNI’s Youssouf Fadiga seeks advisor for takeover bid
Africa Business+ learned yesterday from several sources that the National Investment Bank (BNI) is preparing...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.