Financial holding company of Atlantic Group founded by the Ivorian businessman Koné DOSSONGUI more than 40 years ago, AFG is active in the francophone banking sector and today has six (6) banking subsidiaries, five (5) insurance companies, one investment bank (AFG Capital) and one technological unit (Digital Business Solutions).
With Atlantic Group’s experience in Telecommunications (GSM, data transmission) and Insurance, AFG aims to offer its customers a renewed customer experience by being an integrated digital bancassurance player that develops an ecosystem promoting financial inclusion.
Chronology in the banking sector
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Takeover of Crédit Industriel et Commercial en Côte d'Ivoire (CIC) - (French bank)
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Acquisition of Barclays Bank (Côte d’Ivoire)
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Creation of SGI Atlantique Bourse, which will later become the investment bank "Atlantique Finance".
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Creation of GIE Informatique which became Atlantique Technologie SA in 2007
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Creation of Atlantic Financial Group (AFG), a bank holding company for Banque Atlantique subsidiaries in West Africa.
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Creation of Banque Atlantique subsidiaries in Benin, Niger, Burkina Faso, Mali, Togo and Senegal.
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Creation of Atlantic Financial Group Central & East Africa (AFG CEA), a bank holding company for Banque Atlantique's subsidiaries in the CEMAC region.
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Acquisition of Amity Bank in Cameroon (now Banque Atlantique Cameroun (BACM)) Merger of BACI/COBACI to create Banque Atlantique Côte d'Ivoire.
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Creation of ABI in 50%/50% co-ownership with the Moroccan group BCP. ABI (Atlantic Business International) is since 2012 the holding company of Banque Atlantique subsidiaries in West Africa.
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Sale of the majority of ABI to BCP (BCP: 65%/ AFG: 35%).
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Creation of Digital Business Solutions (DBS), an entity in charge of financial inclusion solutions (in partnership with the IFC).
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Acquisition of new subsidiaries and consolidation of the Group in West and Central Africa (BICIM, BICIG, BICC)
Chronology in the industry and services sector
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2015
Partnership with O3B/SES to provide Internet access Creation of Atlantic Future Technology AFT SA (Ivory Coast) -
2016
Creation of the Atlantic Future Technology Niger (AFT Niger) -
2018
Creation of Atlantic Future Technology Mali (AFT Mali) -
2019
Start of construction of the SCCI cement plant (1,000,000T/year in Abidjan, IVORY COAST) -
2020
Start-up of the SCCI cement plant (1,000,000T/year in Abidjan, IVORY COAST) Start-up of the cocoa processing plant in Kribi, ACC (48 000T/year in Kribi, CAMEROON) -
2021
Takeover of the assets of the company CIMOD (1 MT/year, COTE D'IVOIRE)
