Lender Baobab becomes Beltone’s biggest business three months after acquisition
TechCabal | 23.06.2026 21:17
In February, Beltone Holding, an Egypt-headquartered financial services group with operations in investment banking and asset management, spent $227.13 million (€197.6 million) to acquire Baobab Group. Three months later, the lender generated more revenue than all of Beltone’s other businesses combined.