Tag: Atlas Mara
Atlas Mara denies exit claims
Atlas Mara has denied media reports that it is looking to exit its Nigeria-based financial services portfolio company.
The investor has stated that it has...
Atlas Mara sells two banks
Atlas Mara has signed a deal to exit two financial services providers to a Kenya-based strategic investor.
The investor is looking to exit its 62.06%...
Atlas Mara exits to PE-backed company
Atlas Mara has signed a deal to exit its stake in a Mozambique-based financial services provider to a private equity-backed company.
The investor is wholly...
ACA partner joins UBN board
An African Capital Alliance's (ACA) partner and fund manager has been appointed to the board of its Nigeria-based financial services portfolio company.
Paul Kokoricha has...
Atlas Mara shelves deal on COVID concerns
Atlas Mara has terminated a deal to partially exit stakes in four of its financial services portfolio companies on the back of the corona...
Atlas Mara portfolio profits spike 33%
Atlas Mara’s Nigeria-based financial services portfolio company Union Bank of Nigeria's (UBN) profits grew by 33% in the year ended December 2019.
UBN reported profits...