Oragroup S.A.

Equity : January 2011

BIO invested € 5 M in equity to Oragroup, which manages commercial banks in Western African countries.

Amount

€ 5,000,000.00

Type of investment

Equity

Development impacts

  • Local economic growth
  • Financial inclusion

Beneficiary locations

Sub-Saharan Africa: Benin, Côte d'Ivoire, Guinea

Investment field

Financial Institutions

Activity

Commercial bank

Organisation

Oragroup S.A.

Domicile

Togo

More investments in

Oragroup S.A.

  • Debt € 5,000,000.00 (2014)

Oragroup S.A. is a holding company managing Oragroup, located in Lomé and active in 12 Western African countries. The project consists of creating a regional banking platform across francophone West Africa, thereby reinforcing financial inclusion and SME financing. Through this project, BIO contributes to the creation of a unique regional group supporting local SME's in their regionalization and other customers in underserved countries.

The Group opened the first private bank in Benin in 1988, followed by the acquisition of 4 additional financial institutions in Chad, Gabon, Guinea and Togo.

Since the group was taken over by ECP, there has been a significant change in Oragroup’s shareholding structure, with Development institutions, BOAD and the Gabonese Strategic Investment Fund becoming leading shareholders. The Group made a strategic shift from a pure corporate banking (and big SMEs) platform to a universal banking model serving all types of clients with a focus on SMEs.

Development impacts

  • Local economic growth

    Oragroup is a universal commercial banking Group active in 12 countries of Western and Central Africa. BIO's investment supports the deepening of the banking sector in the region through the support of a professional banking group serving all type of clients with a clear focus on SMEs.

  • Financial inclusion

    Deposit-taking institution; Mobilization of savings is clearly an important focus as the Group’s has grown substantially.

View more of our investments in this region

Advans Côte d'Ivoire

Financial Institutions

Advans Côte d'Ivoire

  2,000,000.00

  Côte d'Ivoire

  02/07/2021

  Debt

Alterfin

Investment Companies & Funds

Alterfin

  20,125.00

  Cambodia, Nicaragua, Côte d'Ivoire, Kenya

  03/08/2021

  Subsidy

The Currency Exchange Fund n.v.

Financial Institutions

The Currency Exchange Fund n.v.

  7,091,000.00

  Bangladesh, Cambodia, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam, Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Algeria, Egypt, Iraq, Jordan, Lebanon, Morocco, Syria, Tunisia, Palestinian Territories, Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia

  05/09/2007

  Equity

Africinvest Fund II LLC.

Investment Companies & Funds

Africinvest Fund II LLC.

  6,000,000.00

  Cameroon, Côte d'Ivoire, Ghana, Nigeria

  28/08/2008

  Equity

Interact Climate Change Facility

Investment Companies & Funds

Interact Climate Change Facility

  6,000.00

  India, Mongolia, Honduras, Côte d'Ivoire, Ghana

  23/02/2011

  Equity

Interact Climate Change Facility

Investment Companies & Funds

Interact Climate Change Facility

  10,000,000.00

  India, Mongolia, Honduras, Côte d'Ivoire, Ghana

  23/02/2011

  Debt

Bank of Africa Group S.A.

Financial Institutions

Bank of Africa Group S.A.

  1,954,160.00

  Benin, Burkina Faso, Côte d'Ivoire, Democratic Republic of Congo, Ghana, Kenya, Madagascar, Mali, Niger, Rwanda, Senegal, Tanzania, Uganda

  30/03/2011

  Equity

Oragroup S.A.

Financial Institutions

Oragroup S.A.

  5,000,000.00

  Benin, Côte d'Ivoire

  12/05/2014

  Debt

Orabank Côte d'Ivoire

Financial Institutions

Orabank Côte d'Ivoire

  10,000,000.00

  Burkina Faso, Côte d'Ivoire, Guinea, Mali, Niger, Senegal

  09/02/2016

  Debt

AgRIF Coöperatief U.A.

Investment Companies & Funds

AgRIF Coöperatief U.A.

  105,000.00

  Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal

  11/09/2018

  Subsidy

AgRIF Coöperatief U.A.

Investment Companies & Funds

AgRIF Coöperatief U.A.

  5,438,332.50

  Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal

  18/06/2015

  Equity

Enko Education

Enterprises

Enko Education

  850,000.00

  Burkina Faso, Cameroon, Côte d'Ivoire, Mali, Mozambique, Senegal, South Africa

  17/12/2020

  Debt

Adenia Capital III

Investment Companies & Funds

Adenia Capital III

  100,000.00

  Côte d'Ivoire, Ghana, Madagascar

  05/05/2020

  Subsidy

Alterfin

Financial Institutions

Alterfin

  3,000,000.00

  Cambodia, Nicaragua, Côte d'Ivoire, Kenya

  15/07/2020

  Debt

Fairtrade Access Fund

Investment Companies & Funds

Fairtrade Access Fund

  350,000.00

  Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda

  07/04/2020

  Subsidy

Advans Côte d'Ivoire

Financial Institutions

Advans Côte d'Ivoire

  122,950.00

  Côte d'Ivoire

  18/07/2019

  Subsidy

Advans Côte d'Ivoire

Financial Institutions

Advans Côte d'Ivoire

  3,000,000.00

  Côte d'Ivoire

  15/05/2017

  Debt

AfricInvest Financial Inclusion Vehicle

Investment Companies & Funds

AfricInvest Financial Inclusion Vehicle

  10,000,000.00

  Morocco, Côte d'Ivoire, Democratic Republic of Congo, Ghana, Kenya, Nigeria, Rwanda, Tanzania, Zambia

  14/12/2017

  Equity

Alterfin

Investment Companies & Funds

Alterfin

  250,000.00

  Cambodia, Nicaragua, Côte d'Ivoire, Kenya

  13/12/2002

  Equity

Fairtrade Access Fund

Investment Companies & Funds

Fairtrade Access Fund

  3,000,000.00

  Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda

  24/10/2019

  Equity

Beyond the Grid Solar Fund

Investment Companies & Funds

Beyond the Grid Solar Fund

  4,175,007.50

  Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Nigeria, Rwanda, Tanzania, Uganda

  26/10/2017

  Debt

Azito Energie

Infrastructure

Azito Energie

  15,000,000.00

  Côte d'Ivoire

  19/07/2019

  Debt

Adenia Capital IV LP

Investment Companies & Funds

Adenia Capital IV LP

  9,000,000.00

  Côte d'Ivoire, Ghana, Madagascar

  01/11/2016

  Equity

Compagnie Africaine de Crédit

Financial Institutions

Compagnie Africaine de Crédit

  4,200.00

  Côte d'Ivoire

  28/01/2019

  Subsidy

Azito Energie

Infrastructure

Azito Energie

  17,760,600.00

  Côte d'Ivoire

  18/10/2012

  Debt

Enko Education

Enterprises

Enko Education

  2,000,000.00

  Burkina Faso, Cameroon, Côte d'Ivoire, Mali, Mozambique, Senegal, South Africa

  20/09/2018

  Debt

Adenia Capital III

Investment Companies & Funds

Adenia Capital III

  5,000,000.00

  Côte d'Ivoire, Ghana, Madagascar

  28/02/2012

  Equity

Adenia Capital III

Investment Companies & Funds

Adenia Capital III

  100,000.00

  Côte d'Ivoire, Ghana, Madagascar

  19/05/2016

  Subsidy

Adenia Capital III

Investment Companies & Funds

Adenia Capital III

  150,000.00

  Côte d'Ivoire, Ghana, Madagascar

  28/09/2012

  Subsidy

Comptoir de Distribution de Produits Agro-alimentaires S.A.R.L

Enterprises

CDPA

  3,000,000.00

  Benin

  22/03/2013

  Debt

Comptoir de Distribution de Produits Agro-alimentaires S.A.R.L

Enterprises

CDPA

  69,190.00

  Benin

  24/07/2014

  Subsidy

Compagnie Africaine de Crédit

Financial Institutions

Cofina Ivory Coast

  3,000,000.00

  Côte d'Ivoire

  15/03/2019

  Debt

Compagnie Africaine de Crédit

Financial Institutions

Cofina Ivory Coast

  3,000,000.00

  Côte d'Ivoire

  15/03/2019

  Debt