Arise
Source: Arise |

Maiden investment into CAL Bank in Ghana by Arise set to advance economic growth

Arise, a collaborative partnership between international companies, Norfund, FMO and Rabobank take and manage minority stakes in Sub-Saharan African Financial Service Providers (FSPs)

The recent acquisition of a 27.7 % stake in CAL Bank in Ghana by newly formed investment company, Arise (www.AriseInvest.com) is set to boost the banking sector in the country. The shareholding in CAL Bank was acquired by Arise from DPI, a leading Africa-focused private equity firm with assets in…