StartupsTechCabalabout 9 hours ago
Lender Baobab becomes Beltone's biggest business three months after acquisition
3 min read
Three months after Beltone Holding acquired Baobab Group for $227.13 million, Baobab generated 53% of Beltone's EGP6.8 billion operating revenue in Q1 2026. Baobab's gross lending portfolio grew 236% year-on-year to EGP101.1 billion, making it Beltone's largest business line.
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