8 Miles takes 42% stake in Uganda’s Orient Bank

Image Credit: The Star

Private Equity firm 8 Miles has acquired a 42% stake in Orient Bank from Nigeria’s Keystone Bank.  The investment in the Ugandan commercial bank gives 8 Miles exposure to significant growth in a quickly expanding but underbanked economy.  The terms and value of the deal were not reported.

Read more at The Africa Report…

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.