Oragroup (Formerly Financial BC SA)

West Africa,Africa Financial services

Oragroup is a regional commercial bank operating in West and Central Africa. Orabank (formerly known as Financial Bank) currently operates in Benin, Chad, Gabon, Guinea, Mauritania and Togo. It provides a broad spectrum of financial services to a wide range of corporates, SMEs and retail customers.

  • Active
  • Exited

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

ECP Africa Fund III

We are invested in Oragroup (Formerly Financial BC SA) through ECP Africa Fund III, which is managed by ECP Africa. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, West Africa
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
ECP Africa Fund III
Fund Manager:
ECP Africa
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
September 2008
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Togo

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

ECP Africa Fund III

We are invested in Oragroup (Formerly Financial BC SA) through ECP Africa Fund III, which is managed by ECP Africa. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, West Africa
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
ECP Africa Fund III
Fund Manager:
ECP Africa
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
September 2008
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Togo