CFAO adds to TotalEnergies and Wordline equity in InTouch
The deal allows the Senegalese fintech that offers payment aggregation services to raise €9 million from the industrial group and its former shareholders.
06/07/2021 at 18h54, by Africa Business+
The entry into the stock of InTouch will be made through a capital increase carried out jointly by CFAO Group—headed by Richard Bielle—a subsidiary of the Japanese conglomerate Toyota Tsusho Corporation (TTC), and Mobility54, an investment vehicle created with TTC in 2019 specialising in mobility.
Recommended articles
Large-scale distribution
20/10/2022 at 16h40, by Africa Business+
CFAO Retail to invest €100 million in expansion plan, half in capital
Details from Africa Business+.
Automotive distribution
04/04/2022 at 11h43, by Africa Business+
CFAO absorbs equipment manufacturer EIE Group to reinforce presence in South Africa
The operation confirms the interest of the mobility specialist in the southern area, where South Africa...
Automotive
05/10/2021 at 16h03, by Africa Business+
CFAO Automotive extends footprint in Mozambique
The project, which has been under discussion for a year, was finalised last week, allowing the group...
Oil & Gas
21/09/2021 at 17h03, by Africa Business+
Frédéric Maupetit takes helm of TotalEnergies’ Togo subsidiary
Jeune Afrique Business+ profiles the new managing director of TotalEnergies Togo.
Oil & Gas
07/09/2021 at 17h13, by Africa Business+
Nicolas Terraz takes over as head of TotalEnergies global E&P division
The French energy giant launched a game of musical chairs in its management on the continent in September...
Automotive distribution
03/09/2021 at 16h40, by Africa Business+
CFAO Automotive reactivates company in Madagascar
The automotive group will reactivate two projects on the island, where it has been the official distributor...