AfricInvest is proud to announce its successful exit from AFG HOLDING, marking the close of a high-impact partnership that fuelled the group’s regional growth and institutional evolution.
When we joined AFG in 2022 through AF IV, we set out to support the group’s transformation- and together, we accomplished:
✅ A banking license in Côte d’Ivoire
✅ Strengthened its governance structures and capital base
✅ Doubled the consolidated balance sheet from $3B to nearly $6B
✅ Expanded its net loan portfolio from $1.4B to $2.5B
✅ Delivered a RoE of over 28%
Over the course of the partnership, AFG has grown into one of Africa’s most dynamic financial platforms, now spanning 7+ countries and operating across commercial banking, investment banking, brokerage, and microfinance.
👏 We thank Mr. KONE DOSSONGUI, AFG’s founder, and the leadership team for their trust. We are excited to witness the group’s continued impact in shaping Africa’s financial future.
This exit reaffirms AfricInvest’s commitment to backing resilient institutions that unlock long-term value and inclusive economic growth across the continent.
Read more here: https://lnkd.in/gKtbv7Bq
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