Atlas Mara announces strategic transaction with KCB Group Plc

LONDON: Atlas Mara Limited, the sub-Saharan African financial services group, has entered into definitive agreements with KCB Group Plc  for the sale of the Group’s banking assets in Rwanda and Tanzania, a news release said. The Transaction is subject to regulatory approvals and other customary conditions precedent, including approvals and consents from the relevant central…

Atlas Mara Limited

Atlas Mara Limited, formerly referred to as Atlas Mara Co-Nvest Limited, is a financial services holding company formed to undertake the acquisition of target banks in Africa. The Group’s headquarters are located in Tortola, British Virgin Islands, with subsidiaries and investments in Botswana, Germany, Mozambique, Nigeria, Rwanda, South Africa, South Sudan, Tanzania, Zambia and Zimbabwe.…