Investment firm LeapFrog acquires 16% stake in Fidelity Bank Ghana

GHANA – LeapFrog Investments, a Profit with Purpose investment firm, has acquired a 16.94 per cent stake in Ghana’s largest privately-owned bank, Fidelity Bank Ghana Limited. LeapFrog has acquired the stake from Amethis, an investment fund manager dedicated to the African continent and Edmond de Rothschild Equity Strategies (ERES), a mid-cap growth and buy-out franchise affiliated with the Edmond de Rothschild Group, with a global investment mandate. It is expected that LeapFrog will leverage on its decade of investment experience across Africa’s financial services sector to build upon the outstanding…

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