Rabat – Banque Centrale Populaire (BCP) Group has completed the buyout of the remaining shares of Atlantic Business International (ABI), becoming the sole owner of the pan-African banking platform.
The group confirmed that it acquired the final 20.17% stake from ADP II Holding 7 L.P, in a transaction valued at MAD 1.88 billion ($190 million).
The deal was structured with the support of Development Partners International (DPI), a pan-African private equity firm.
BCP now holds 100% of ABI’s share capital and voting rights, which gives it full operational and strategic control over the group’s activities across sub-Saharan Africa.
By the end of June 2025, ABI ranked as the fifth-largest banking group operating in West Africa, including countries within the West African Economic and Monetary Union (WAEMU) as well as Guinea.
The group reported outstanding loans of nearly MAD 39 billion ($3.9 billion) and a client base approaching 885,000.
ABI’s footprint currently spans nine sub-Saharan African countries, where it operates through ten banks and four insurance companies.
BCP said the move aligns with its long-term African strategy, which targets deepening its regional presence and supporting its economic activity in the markets where it operates.
The group views the transaction as a milestone in its international expansion, as it seeks to broaden its reach, strengthen its regional positioning, and generate sustainable value for clients, partners, and stakeholders.
