A microfinance provider serving small businesses in Africa, focusing on digital lending.
Lender Baobab becomes Beltone’s biggest business three months after acquisition
Beltone Holding acquired Baobab Group for $227.13 million in February. Baobab contributed 53% of Beltone’s operating revenue in the first quarter of 2026.
Beltone Holding Completes €197.6M Acquisition of Baobab Group
Beltone Holding completed the acquisition of Baobab Group for €197.6 million. The acquisition allows Beltone to expand its operations into seven African markets.
