The case study documents the effort of the African Development Corporation (ADC) and the Loita Group to get shares in Nile Commercial Bank (NCB) - the number one banking icon in South Sudan - and thereby take part in the development of South Sudan as an independent, commodity-loaded state.
The case centers on ADC's CEO, Dirk Harbecke, who in 2011 ran a fund that spends in banking and insurance services in sub-Saharan Africa. The case argues whether or not Loita and ADC should invest in NCB. The real world consequence of the case is ADC and Loita's eventual investment in the bank, as elucidated in the chapter "Restructuring the bank," which summarizes the investment as it happens in real time in September 2011.
PUBLICATION DATE: September 07, 2012 PRODUCT #: ES1311-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING