BGFI Holding's capital increase oversubscribed

BGFI Holding Corporation's second phase of capital increase, which ended on October 15, 2026, saw more demand than the number of shares offered. This expansion of the company's capital is part of a broader strategy to strengthen its financial position and support future growth.

Investor interest spans multiple countries

The second phase of the capital increase was oversubscribed, with subscription intentions exceeding the available shares. This follows the first phase, where over 45.3 billion CFA francs were raised from 7,601 subscribers in 24 countries. Investors from the Economic and Monetary Community of Central Africa (CEMAC) contributed more than 96% of the funds.

New shareholders join without displacing existing ones

The capital opening has brought in several thousand new investors, expanding the shareholder base. However, existing shareholders retain their shares. The relative weight of historical shareholders has decreased due to the issuance of new shares, but their ownership remains intact.

Dividends have grown significantly

BGFI Holding's dividends increased from 12 billion CFA francs in 2022 to 37 billion in 2025, reflecting a 208% growth over four years. This increase highlights the company's improved financial performance and ability to distribute profits to shareholders.

Strategic plan focuses on growth and efficiency

BGFI Holding is implementing its "BGFI 2030" strategy, which includes four main areas: improving organizational efficiency, developing human capital, optimizing resources, and enhancing commercial performance. The plan includes 20 strategic objectives and aims to expand the company's presence through new locations and digital transformation.

Governance changes and new leadership

Alongside the capital increase, BGFI Holding has made changes to its governance structure. Independent directors with expertise in information technology have been added to the boards of its various entities. Executive roles have also been reshuffled across several subsidiaries.

Employees gain a stake in the company

BGFI Holding has established the Collective of Employee Shareholders (CSA) to include employees in the shareholder base. This initiative aims to foster financial literacy and representation among employees. The company also continues to train young Africans through its BGFI Business School.

Social initiatives and community impact

The BGFIBank Foundation has supported 147 projects across 12 countries from 2021 to 2025, investing 2.42 billion CFA francs to benefit 100,000 people. These projects focus on education, health, and economic development in the regions where the bank operates.

Future outlook and challenges ahead

The success of the capital increase will depend on how the raised funds are used and the allocation of new shares. As BGFI Holding moves forward with its 2030 plan, the company aims to expand geographically, improve operational efficiency, and strengthen its governance structures.