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