Letshego eyes three more African countries in 2017

Friday, January 20, 2017

Letshego hopes to be in 14 countries by year end PIC: MORERI SEJAKGOMO

Botswana’s domiciled micro-lender, Letshego Holdings this week revealed plans to penetrate Zimbabwe, Zambia and Cote d’Voire markets this year as part of its expansion plans.

It recently acquired a 100% shareholding in afb Ghana, a non-bank financial institution, expanding their footprint to 11 countries across Southern, East and West African countries that include Botswana, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Swaziland, Tanzania and Uganda.

The Ghana acquisition was the second in the West African countries following another 100% acquisition of Letshego Nigeria MFB, formerly known as FBN Microfinance Bank in 2015.

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Letshego eyes three more African countries in 2017

Botswana’s domiciled micro-lender, Letshego Holdings this week revealed plans to penetrate Zimbabwe, Zambia and Cote d’Voire markets this year as part of its expansion plans.