Browsing: BNP Paribas

RCS, the consumer finance arm of French banking group BNP Paribas, has acquired South African online credit provider Mobicred.

Stephane Richard, the CEO of French telecommunications giant Orange, wants to step up its presence in Africa and is mulling an entry into South Africa.

Orange, France’s biggest phone company, has picked BNP Paribas and Morgan Stanley to advise on a proposed initial public offering of its Middle East and Africa business, sources say.