Rwanda
2023
Sole Financial Advisor
Verdant Capital advises Unguka Bank shareholders on the sale of their controlling stake to LOLC Holdings Plc
Verdant Capital advises Unguka Bank shareholders on the sale of their controlling stake to LOLC Holdings Plc
Unguka Investment Group, Incofin and Progression Eastern Africa Microfinance Equity Fund (together, the “Shareholders”) have sold a controlling stake in Unguka Bank Plc (“Unguka Bank”), a leading microfinance bank in Rwanda, to LOLC Mauritius Holdings Limited, a subsidiary of LOLC Holdings Plc (“LOLC”).