Oragroup: external growth and internal process improvements on 2023 menu
Under the leadership of Ferdinand Ngon since 2019, Oragroup is awaiting the finalisation of its takeover by Simon Tiemtore’s Lilium Capital, the entity that controls the Vista Bank network. The transaction was first announced by Africa Business+ last October.
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▪ Oragroup: external growth and internal process improvements on 2023 menu
▪ Under the leadership of Ferdinand Ngon since 2019, Oragroup is awaiting the finalisation of its takeover by Simon Tiemtore’s Lilium Capital, the entity that controls the Vista Bank network. The transaction was first announced by Africa Business+ last October.
▪ https://www.africabusinessplus.com/en/814307/oragroup-external-growth-and-internal-process-improvements-on-2023-menu/
Simultaneously, the managing director Ferdinand Ngon and his team continue to develop the group. According to Africa Business+ sources, they have devoted much of 2022 to acquisition project. This is an external growth operation in line with the group’s networking strategy, which has targeted an establishment located in a French-speaking jurisdiction in which Orabank is not yet present.
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