Billionaires.Africa·4 min read·hard

Ivorian tycoon Ahmed Cissé buys $180 million stake in BICICI

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Ikeoluwa Ogungbangbe
Ivorian tycoon Ahmed Cissé buys $180 million stake in BICICI
AI Summary

Ivorian businessman Ahmed Cissé has acquired a $180 million stake in the bank BICICI through his investment firm, Brandon & Mcain Capital. This move increases his control of the bank to over 40 percent, pending regulatory approval.

The Ivorian government has agreed to sell a $180 million block of shares in one of the country's oldest banks to the businessman who chairs it.

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