Banking commission gives Simon Tiemtoré, head of Lilium Capital, the green light to buy out the Burkinabè and Guinean subsidiaries of BNP 

Jeune Afrique Business+ has learned that Lilium Capital, an investment holding company headed by Simon Tiemtoré, has obtained a favourable opinion from the West African banking sector authority for the takeover of the International Bank for Trade and Industry and agriculture of Burkina (BICIAB). 

21/05/2021 at 12h41, by Africa Business+

Jeune Afrique Business+ was not in a position to confirm the closing of the deal scheduled for the end of April, the amount of which is estimated to be €33 million. 

Recommended articles

Mines

09/01/2024 at 16h49, by Africa Business+

Lilium Mining: who leads the mining arm of Simon Tiemtoré’s group?

Following acquiring two Burkina Faso assets from Endeavour Mining at the end of June, the American-Burkina...

Commercial banking

25/10/2023 at 17h45, by Africa Business+

Commercial banking

08/06/2023 at 14h19, by Gaëlle Arenson

Mazars Sénégal and Deloitte, advisers to Coris and Vista on purchase of Soc Gen subsidiaries in Mauritania, Chad, Congo and Equatorial Guinea

Idrissa Nassa, the head of Coris Bank International, intends to continue with other acquisitions in...

Bank

14/09/2022 at 07h55, by Africa Business+

Samir Mezine, new Director General of BICIS (BNP Paribas) in Senegal

According to our sources, Samir Mezine is effectively taking over the management of BICIS, a subsidiary...

Bank & Insurance

29/07/2022 at 18h23, by Africa Business+

Bank

14/04/2022 at 18h49, by Africa Business+

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...

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