Development Bank of Rwanda (BRD) News

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.

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%.

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.