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Ivorian Government Sells Stake in Versus Bank to Daouda Soukpafolo Koné

Ivorian Government Sells Stake in Versus Bank to Daouda Soukpafolo Koné

Ivorian Government Sells Stake in Versus Bank to Daouda Soukpafolo Koné

The Ivorian government has decided to sell its entire 52.89% stake in Versus Bank to Harvest Capital Holding, a company owned by businessman Daouda Soukpafolo Koné. The sale, valued at CFA 8.5 billion, also includes a commitment to invest an additional CFA 10 billion. The transaction was approved by a decree in the Cabinet meeting on December 19, 2024. Versus Bank is a key player in SME financing in Côte d'Ivoire