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BGFI closes the second tranche of its share sale 25% oversubscribed

The Gabonese banking group raised about 100.8 billion CFA francs from 1,604 investors in 19 countries.

Taiwo Banjoko
Libreville1 min read
Libreville's seafront from the air in 2025.
Libreville's seafront from the air in 2025. File photo: Shirmy25 / Wikimedia Commons (CC BY-SA 4.0)

BGFI Holding Corporation, the banking group based in Gabon, has closed the second tranche of its initial public offering with a subscription rate of 125.17%.

The group said in a statement from Libreville on 3 November that the tranche raised about 100.83 billion CFA francs, roughly $178 million. It drew 1,604 subscribers living in 19 countries.

The group is chaired by Henri-Claude Oyima.

Source: Financial Afrik, November 2026.

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