In a statement released on July 28, 2025, the Board of Directors of BGFI Holding Corporation (BHC) announced the temporary postponement of its initial public offering on the Central African Securities Exchange (BVMAC). This decision, made in consultation with the Central African Financial Market Supervisory Commission (COSUMAF), aims to ensure the smooth running of the process as a legal procedure is ongoing. Indeed, a group of shareholders has taken the Libreville Commercial Court to challenge certain aspects of the operation. The BGFIBank group, the parent company of BHC, indicates that it will wait for the outcome of this procedure before resuming the legal and regulatory formalities related to the IPO.
Despite this setback, the Group emphasizes that the implementation of its 2025 DYNAMIC Strategic Plan is proceeding as planned, with half-year results as of June 30, 2025 in line with its performance and financial strength objectives. Aware of the interest this operation is generating in regional financial markets, the Group promises to communicate a “new schedule” for this IPO “very soon,” originally scheduled for the end of July. Present in twelve African countries and in France, BGFIBank positions itself as an international multi-business financial group, with over 3,000 employees, committed to a strategy of sustainable growth and constant innovation.
