ABC Holdings (BancABC) News

Bob Diamond, CEO of Atlas Mara and former CEO of Barclays

Bob Diamond's Atlas Mara eyes three more Africa acquisitions in 2015

Atlas Mara Ltd., the banking group that’s acquiring African lenders, is seeking to buy as many as three more businesses in 2015, co-founder Robert Diamond said.

Bob Diamond's Atlas Mara in talks to buy Finance Bank Zambia

Bob Diamond's Atlas Mara in talks to buy Finance Bank Zambia

Atlas Mara Ltd., the company co-founded by Bob Diamond to invest in African financial businesses, is in talks to buy Finance Bank Zambia Plc, according to three people with knowledge of the matter

Bob Diamond, CEO of Atlas Mara and Former CEO of Barclays

Bob Diamond and Ashish Thakkar's Atlas to invest $23M in Banque Populaire Rwanda

Robert Diamond’s Atlas Mara Ltd. said it’s in exclusive talks to invest about $22.5 million in Banque Populaire du Rwanda and merge it with BRD Commercial Bank Ltd., creating one of the central African country’s largest lenders.

BancABC, officially known as ABC Holdings Limited, is a pan-African financial services provider, headquartered in Gaborone, Botswana.

African Development Bank (AfDB) approves $50M to ABC Holdings in Botswana, Mozambique and Zimbabwe

The Board of Directors of the African Development Bank Group (AfDB) through its private sector window approved on March 11, 2015 a US $50 million multi-currency line of credit (LoC) with a seven-year tenor to ABC Holdings Ltd. and its subsidiaries in Botswana, Mozambique and Zimbabwe.

Ashish J. Thakkar, Founder & MD, Mara Group

Ashish Thakkar and Bob Diamond's venture plans mobile banking push

Ashish Thakkar, who co-founded African banking venture Atlas Mara along with former Barclays group chief executive, Bob Diamond, says they are planning a major push into mobile banking in Africa, as their aggressive takeover strategy continues.

Qatar National Bank (QNB)

Qatar National Bank (QNB) buys stock in Ecobank for 2nd time this month becoming top shareholder

Qatar National Bank SAQ, the Middle East’s biggest lender by market value, bought stock in Togo-based Ecobank Transnational Inc. (ETI) for the second time this month to become its top shareholder with a 23.5 percent stake.

Bob Diamond, CEO of Atlas Mara and Former CEO of Barclays

Bob Diamond and Ashish Thakkar's Atlas Mara Buys 21% Stake in Union Bank of Nigeria for $240M

Bob Diamond’s Atlas Mara Co-Nvest said on Friday it had exercised an option to buy a 20.9% stake in Union Bank of Nigeria for $270 million, taking its interest to 29.9%.

Disruptive: Ashish Thakkar wants to shake up African banking but disagrees with criticism of his partner, Bob Diamond

Ashish Thakkar: Bob Diamond's African partner in banking

When he was 15 years old, Ashish Thakkar told his parents that he wanted to leave his school in Uganda to build a business.

Ashish Thakkar, Founder & MD, Mara Group

Barclays' Former CEO, Bob Diamond, and Ashish J. Thakkar, Mara Group's Founder, to Raise $400M to Fund Investments in Africa

Atlas Mara Co-Nvest is looking to raise an additional $400 million to fund its investments in Africa.