Letshego Africa Holdings’ decision to withdraw from five African markets follows years of mounting losses that ultimately undermined one of the lender’s most ambitious growth bets.
Documents circulated to shareholders ahead of a vote on the proposed disposal of subsidiaries in Ghana, Tanzania, Nigeria, Rwanda and Uganda show the operations generated a combined loss after tax of P519.5 million in the year ended December 2025, despite producing operating income of P1.46 billion.
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