Sovereign guarantee for Mahamadou Bonkoungou’s IB Bank Burkina to cover Turkish drones purchase 

Exclusive from Africa Business+. 

19/04/2023 at 17h01, by Africa Business+

According to our information, the Ouagadougou government has granted a sovereign guarantee of US$408.9 million to Mahamadou Bonkoungou’s International Business Bank Burkina for the financing of the acquisition of surveillance and attack drones from the Turkish company Raykar Makina Sanayi Ve Ticaret Anonim Sirketi.

Recommended articles

Construction & Infrastructure

21/12/2021 at 17h23, by Nadoun COULIBALY

Mahamadou Bonkoungou finalises IB Holding’s acquisition of Togolese bank BTCI 

Africa Business+ reports that the Togolese bank will become part of the financial group owned by the...

Mines

02/03/2021 at 18h39, by Africa Business+

Mahamadi Savadogo, Apollinaire Compaoré, Idrissa Nassa, and Mahamadou Bonkoungou, show interest in Tambao manganese

While the Burkinabè authorities advocate a “holistic” approach to relaunch the gigantic Tambao manganese...

Construction & Infrastructure

19/01/2021 at 16h23, by Nadoun COULIBALY

How Mahamadou Bonkoungou organises the Ebomaf galaxy

Jeune Afrique Business+ looks at the galaxy of companies within Ebomaf and at the internal organisation,...

Bank

18/01/2021 at 16h08, by Gaëlle Arenson

Divestment of BTCI and UTB: Agir consortium withdraws leaving  Mahamadou Bonkoungou’s IB Bank as the favourite

Agir, the consortium led by businessman Oscar Daaga announced its withdrawal from the process, according...

Bank

18/11/2020 at 17h35, by Africa Business+

Mahamadou Bonkoungou’s IB Bank, Ecobank and AGIR completing their due diligence for BTCI and UTB takeover

Our sources tell us that only three candidates remain in the race for the takeover of the two Togolese...

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