Financing for a Pan-African Lender to the Unbanked
Delphos served as the sole financial advisor to Bayport Management Ltd. (“Bayport”), a leading emerging market financial services group, in obtaining a long-term, unsecured, holding company-level loan of $250 million from OPIC to fund the client’s expansion efforts in Sub-Saharan Africa and Latin America. Bayport provides financial solutions to formally and informally employed individuals in emerging markets who are unable to access traditional banking and financial services in nine countries: Botswana, Colombia, Ghana, Mozambique, Mexico, South Africa, Tanzania, Uganda, and Zambia. Bayport used the funds to accelerate growth of existing operations, expand in new countries, and launch new financial products. Bayport is backed by prominent investors such as Helios Investment Partners, Public Investment Corporation of South Africa, Investment AB Kinnevik, and others.
Details
Category
- Financial Services
Client Name
Bayport Management Ltd.
Services Provided
- Capital Raising
Region
- Latin America & the Caribbean
- Sub-Saharan Africa
Country
- Botswana
- Colombia
- Ghana
- Mexico
- Mozambique
- Multiple Countries
- South Africa
- Tanzania
- Uganda
- Zambia