Stek advises FMO on investment in Liberian bank
Stek is lead counsel to FMO in its acquisition of a minority equity stake in Afriland First Bank Liberia, a financial institution based in Liberia and a subsidiary of the Afriland First Group. Afriland First Group operates a number of banks in Sub-Saharan Africa. FMO is the development bank of the Netherlands. The transaction marks FMO’s first investment in the financial sector in Liberia.