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Bank: SouthBridge Investments announces the launch of a joint venture

03/03/2021
Categories: Economy/Forex

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SouthBridge Investments (SBI) and New African Capital Partners (NACP) announce the creation and launch of their joint venture (joint venture): SBNA. It will be led by Charles Kié. The joint venture wants to invest in the future of the continent by mobilizing “long capital” and by focusing in particular on FinTech, financial sector integration, microfinance and mesofinance. It will act as a “permanent capital fund” with the mission of attracting investors with a long-term vision for Africa.
The SBNA will be led by Charles Kié, CEO and co-founder of New African Capital Partners, who, during his professional career, held senior positions at Citibank, Atlantic Bank, Ecobank, AFC (Africa Finance Corporation), before co-founding NACP in October 2018 with Paulo Gomes

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Note that SBNA wants to focus on digitalization, inclusive finance and sustainable finance. It brings together experience, genuine African know-how, with solid skills in the fields of finance, banking and new technologies.

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