• Atlantic Group aims to expand into industrial sectors, including the creation of a cement production unit and potential mining projects.

• The holding, founded by Ivorian businessman Koné Dossongui, already owns AFG Bank Gabon after acquiring BICIG from BNP Paribas in 2020.

• The group presented its new investment roadmap to President Brice Oligui Nguéma on 17 November 2025, reaffirming strong interest in Gabon’s economic environment.

Atlantic Group, a holding founded by Ivorian businessman Koné Dossongui, has expanded through multiple acquisitions in recent years. The group seeks to position itself as a key financial partner for African economies in banking and insurance.

The holding, already active in Gabon through its subsidiary AFG Bank Gabon, now plans to diversify its investments in the country by entering new sectors.

Koné Dossongui presented potential areas of collaboration after meeting President Brice Oligui Nguéma in Libreville on 17 November 2025.

“The group […] wishes to extend its activities to the industrial sector through projects still under study, for which we have communicated the first guidelines to the President of the Republic. The Atlantic Group delegation also reaffirmed its interest in the Gabonese economic environment and presented its collaboration avenues in several development sectors,” said Léon Konan Koffi, the group’s vice-president.

The group cited the creation of a cement production unit as one of its priority projects. Cement remains a strategic product for supplying the local market and supporting infrastructure development.

Atlantic Group is also exploring additional industrial areas. The company draws on its recent experience in Côte d’Ivoire, where it acquired a mine, which could pave the way for future mining ventures in Gabon.

Atlantic Group entered Gabon in 2020 after acquiring the Banque Internationale pour le Commerce et l’Industrie du Gabon (BICIG), previously a subsidiary of BNP Paribas, and rebranding it as AFG Bank Gabon.

The diversification strategy reflects Dossongui’s ambition to expand the group’s footprint across the continent by targeting high-value-added sectors.

Atlantic Group aims to strengthen its role as a major economic partner for Gabon at a time when authorities seek investors capable of supporting the country’s modernization and economic recovery.

This article was initially published in French by Sandrine Gaingne

Adapted in English by Ange Jason Quenum