By buying the International Bank for Commerce, Industry and Agriculture of Burkina (Biciab) the Vista group from Burkina Faso Simon Tiemtoré is establishing a foothold in UEMOA. The acquisition on June 22 extends Vista's network of bank branches in Burkina Faso, which already had 22 branches in Guinea, 9 branches in The Gambia and 19 branches in Sierra Leone

The Vista group founded and chaired by Simon Tiemtoré from Burkina Faso has acquired the majority stake of BNP Paribas in the capital of Biciab. This acquisition extends the network of Vista banks in Guinea, Sierra Leone and The Gambia. And above all, allows the group to set up shop in the Uemoa space. Once the integration is complete, Biciab customers will benefit from Vista's core banking system as well as cutting-edge digital and mobile banking products, services, features, and solutions. According to the press release issued after the operation, Afreximbank supported the group in structuring the financing of this strategic acquisition, thereby filling the gap created by the withdrawal of international banks from the African continent. The support provided by Afreximbank will also allow the new Vista Bank Burkina to provide extensive services to increase business opportunities and investments in the region