The ownership structure of the Banque internationale pour le commerce et l’industrie de Côte d’Ivoire (BICICI) continues to evolve. Three years after BNP Paribas withdrew and the bank shifted to Ivorian shareholders, the Banque nationale d’investissement (BNI) finalized an agreement on July 13 to sell its entire stake in the institution to Brandon & Mcain Capital.
Under the terms of this deal, the investment firm led by Ahmed Cissé—who also serves as president of Côte d’Ivoire’s private sector federation (CGECI)—acquires BNI’s 21.09% shareholding, along with voting rights. Pending approval from the Commission bancaire de l’UMOA, this acquisition will elevate Ahmed Cissé’s total stake in BICICI to 40.2%, up from his current 19.11% holding.
This strategic move marks a significant consolidation of Ahmed Cissé’s influence within Côte d’Ivoire’s financial landscape, reinforcing his role as a key figure in the country’s banking sector.
