Benin, Togo
Société Générale's Africa exit falters yet again as Togo makes counterbid for local branch

Togo President Faure Gnassingbé arrives at the Élysée Palace in Paris, on 14 May 2024.
Togo President Faure Gnassingbé arrives at the Élysée Palace in Paris, on 14 May 2024. © Yoan Valat / EFE / EPA / MaxPPP
The French lender's plan to sell its Togo subsidiary to pan-African group Sunu has been thrown into limbo after Lomé made its own knock-down offer, sparking fears of regulatory delays and jeopardising a linked divestment in Benin. [...]
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