Finance : AFG Holding strengthens its presence in Africa with the acquisition of Access Holding

AFG Holding SA announced on September 18, 2024, the acquisition of a majority stake in the German group Access Holding, thus consolidating its position in the African finance market. This operation, launched in 2020, includes Access Holding’s subsidiaries in Africa, such as Access Bank Liberia and Access Bank Rwanda. AFG Holding aims to become a major pan-African banking player by integrating digital financial solutions for SMEs. This acquisition, approved by several central banks, promises to enhance financial inclusion across the continent.