ADC African Development Corporation AG (ADC) was initially set up as a private equity investment company focusing on banking, insurance, financial technology and real estate opportunities in sub-Saharan Africa in 2007. ADC had a strong footprint in Southern Africa via BancABC, a regional commercial banking group operating in Botswana, Mozambique, Tanzania, Zambia and Zimbabwe as well as in West Africa via Union Bank of Nigeria. Parallel to its banking operations, ADC had a private equity portfolio active in frontier growth markets across sub-Saharan Africa. In 2012, based on its banking portfolio, ADC refined its strategy to become a leading merchant banking group in sub-Saharan Africa. Accordingly, ADC attracted Atlas Mara Limited to become a strategic investor and majority shareholder during 2014. For more information, visit Atlas Mara's website at www.atlasmara.com.
View Top Employees from ADC African Development CorporationWebsite | http://www.african-development.com |
Revenue | $363.1 million |
Employees | 9 (4 on RocketReach) |
Founded | 2007 |
Address | 18 Grueneburweg, Frankfurt, Hessen 60322, DE |
Technologies |
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Industry | Financial Services, Finance General, Finance |
Web Rank | 8 Million |
Keywords | Adc African Development Corporation |
SIC | SIC Code 602 Companies, SIC Code 60 Companies |
NAICS | NAICS Code 52 Companies, NAICS Code 522 Companies |
Looking for a particular ADC African Development Corporation employee's phone or email?
The ADC African Development Corporation annual revenue was $363.1 million in 2023.
Marek Lukasiewicz is the Director Finance of ADC African Development Corporation.
4 people are employed at ADC African Development Corporation.
ADC African Development Corporation is based in Frankfurt, Hessen.
The NAICS codes for ADC African Development Corporation are [52, 522].
The SIC codes for ADC African Development Corporation are [602, 60].