Africa’s trade blocs are organised to establish grounds for mutual economic development among the majority of African states.
Trade bloc representing 15 countries across West Africa with a total population of 319 million people. GDP size and growth at $643.1 billion and 6.6% respectively.
Trade bloc representing 10 countries across Central Africa with a total population of 142 million people. GDP size and growth at $224.2 billion and 5.9% respectively.
Trade bloc representing 20 countries across North, East, Central and Southern Africa with a total population of 501 million people. GDP size and growth at $548.5 billion and 2.3% respectively.
Trade bloc representing 15 countries across Southern, East and Central Africa with a total population of 286 million people. GDP size and growth at $648.3 billion and 3.7% respectively.
Trade bloc representing five countries across East Africa with a total population of 149 million people. GDP size and growth at $98.4 billion and 5.3% respectively.
Trade Bloc: ECOWAS
HQ: Lagos, Nigeria
No. of countries: 3
No. of branches: 314
Through UBN, Atlas Mara is pursuing an entry strategy into Nigeria and the broader ECOWAS region.
Trade Bloc: SADC
HQ: Gaborone, Botswana
No. of countries: 5
No. of branches: 110
BancABC provides Atlas Mara with a multi-country, multi-product platform in high growth markets in Southern Africa.
Trade Bloc: EAC
HQ: Kigali, Rwanda
No. of countries: 1
No. of branches: 190
BPR is the 2nd largest bank in Rwanda. Resulted from the merger of two Atlas Mara investments: BPR and the commercial arm of the Development Bank of Rwanda (BRD). Has created an entry platform to develop operations in the EAC.