Nigeria's United Capital Expands Into Francophone West Africa
United Capital Plc launched an investment management business from Côte d'Ivoire to operate in eight countries across French-speaking West Africa, according to a statement to the Nigerian stock exchange.
The Lagos-based financial services group's new subsidiary will have its official headquarters in Abidjan and will serve the member states of the West African Economic & Monetary Union, which are Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. The unit will offer portfolio management, mutual funds and financial advisory services.
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