Former Barclays CEO announces fundraising for acquisition and growth at African banking venture

The former Barclays chief executive Bob Diamond has forged a strategic tie-up with a billionaire investor often described as Canada's Warren Buffett.

Diamond's African banking venture Atlas Mara today announced a strategic partnership with the investment firm Fairfax Africa Holdings. In a statement detailing a $200m fundraising initiative, Atlas Mara said Fairfax would take up to a 35% stake in Atlas Mara.

Diamond’s Atlas Mara sells big stake in $200m fundraising

Bob Diamond sells big stake in Atlas Mara

Vivek Ahuja

Fairfax Financial Holdings

Fairfax Africa Holdings

Bank of Ireland

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