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ADC African Development Corporation AG
Grueneburgweg 18
Phone: +49 697191280119p:+49 697191280119 Frankfurt am Main, 60322  Germany Ticker: AZCAZC

This company was Merged or Acquired on 8/21/2014.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company

Business Summary
ADC African Development Corporation AG is a Germany-based financial services provider. Its main divisions are Banking Operations and Private Equity Investments. The Banking Operations division is further diversified into BancABC and Union Bank Nigeria. BancABC is a regional corporate and retail banking group with operations in Botswana, Mozambique, Tanzania, Zambia, Zimbabwe and has a group services office in South Africa. Union Bank Nigeria is a commercial bank in Nigeria. The Private Equity Investments division is further diversified into Brainworks and iVeri. Brainworks is a Zimbabwe-based investment and advisory company focused on banking, insurance, mining and fuel sectors. iVeri provides e-commerce solutions for in Africa merchants and is additionally used by banks within Africa.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
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Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
6/30/201412/31/2013Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Supervisory Board AlistairNewton 1/1/2009 1/1/2009
Member of the Management Board, Chief Executive Officer DirkHarbecke 1/1/2007 1/1/2007
Member of the Management Board, Chief Investment Officer KarimaOla 1/1/2010 1/1/2010
6 additional Officers and Directors records available in full report.

Business Names
Business Name
ABC Holdings Limited
AZC
BancABC Botswana

General Information
Number of Employees: 1,720 (As of 6/30/2014)
Outstanding Shares: 9,467,440 (As of 5/12/2015)
Stock Exchange: BER
Fax Number: +49 697191280115


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Saturday, July 22, 2023