Sheikh Tahnoon bin Zayed-backed belton acquires Baobab in €197.6 million Africa expansion push

Billionaires Africa | 13.02.2026 23:26
Beltone Holding, the Egyptian financial services group controlled by Abu Dhabi’s Chimera Investment, has bought Baobab Group in a €197.6 million deal that gives it an instant footprint across seven African markets and a bigger role in lending to small businesses.