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News ArticleNovember 14, 2024
Bank of Africa UK Finalizes $300 Million Fundraising for Africa Finance Corporation
Bank of Africa UK has successfully raised $300 million for Africa Finance Corporation (AFC), a leading provider of infrastructure solutions in Africa. Acting as the sole lead arranger and bookrunner, Bank of Africa UK secured the funds from seven major Indian banks.
BMCE Bank International plc Becomes Bank of Africa United Kingdom plc
On 1st November 2021 BMCE Bank International changed its name to Bank of Africa United Kingdom to align with the overall group structure and highlight that it's part of the region's largest bank. Other than the change of name there will be no changes to contracts or to the relationships with existing clients.
Regulatory Framework Update: FSA Replaced by PRA and FCA
On 1 April 2013, the Financial Services Authority (FSA) was replaced by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Bank of Africa UK is now dual-regulated and authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Bank of Africa UK Awarded "2012 African Project Finance - Transport Deal of the Year"
Bank of Africa UK is pleased to announce that it is a recipient of the "2012 African Project Finance – Transport Deal of the Year" award for its role as senior lender in the EUR 270 million project to finance the design, construction, financing and operation of the Henri Konan Bedie Toll Bridge in Abidjan, Ivory Coast.
Recent press releases from Bank of Africa United Kingdom are listed below in chronological order.
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Press Releases
Bank of Africa UK Finalizes $300 Million Fundraising for Africa Finance Corporation
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