Oragroup: external growth and internal process improvements on 2023 menu 

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.

Someone shares this article with you
            ▪ 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.

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

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

24/08/2022 at 16h42, by Africa Business+, updated 26/08/2022

Oragroup : Vista Bank, Mansa Bank-SBNA and Access Bank still in the running, but Coris Bank loses interest

Africa Business+ reveals the rationale of the entities of Simon Tiemtoré, El-Hassana Kaba-Charles Kie...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : [email protected]

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.