West Africa
BCEAO sets sights on Orabank managers

Ivory Coast
Vista's takeover of Oragroup encounters fresh problem

Although the parties reached agreement on the transaction last year, the sale of the pan-African banking group has been suspended. One of the parties failed to provide the requisite documents on time.

Ivory Coast
Orabank deal stalls over contested sale price

Vista reached an agreement in August with Emerging Capital Partners to acquire the pan-African banking group Orabank, of which ECP is the main shareholder. But a disagreement over sale price means the deal is yet to be finalised.

The New Guard
South Africa, Egypt, Togo

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

South AfricaZanele Mbuyisa, the #MeToo lawyer who might shake up the entire continent

EgyptSeif Thabet, the businessman who stands up to the military

TogoEstelle Komlan, first woman to head a trading room in WAEMU zone

Ivory Coast
Corruption probe engulfs more banks

An investigation into money laundering involving the Société Générale Côte d'Ivoire, has spread to three other banks in Ivory Coast which are all thought to have been the victim of similar fraudulent schemes.

West Africa
Burkinabe business leaders in three-way fight for Orabank

Orabank's re-entry into the market has resulted in three Burkina Faso business leaders battling it out to buy the Togo-based regional banking group.