Atlas Mara secures US$200m for capacity building in Mozambican and other BancABC subsidiaries

Financial services group Atlas Mara has secured a US$200 million loan facility from an American firm aimed at capacitating its Africa-focused BancABC subsidiaries. According to the agreement signed between Atlas Mara, which acquired 95,8 percent in BancABC’s operations in Botswana, Zimbabwe, Zambia, Mozambique and Tanzania in 2014, and ExWorks African businesses will use the money … Continue reading Atlas Mara secures US$200m for capacity building in Mozambican and other BancABC subsidiaries