Pan-African Ecobank Exits Mozambican Market

EXIT: Ecobank Transnational Incorporated (ETI) has officially announced its exit from the Mozambican market following the sale of its shares in Ecobank Mozambique S.A. to Malawian financial institution, FDH Bank Plc. Photo: Facebook

Ecobank Transnational Incorporated (ETI) has officially announced its exit from the Mozambican market following the sale of its shares in Ecobank Mozambique S.A. to FDH Bank Plc, a Malawian financial institution listed on the Malawi Stock Exchange. The announcement was made via a statement filed with the Nigerian Exchange Limited (NGX) on Tuesday. According to… Continue reading Pan-African Ecobank Exits Mozambican Market

African Times
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