Bank of Africa Ghana Limited countries, including Benin, Burkina Faso, Burundi, Democratic Republic of the Congo, Djibouti, Ghana, Kenya, Ivory Coast, Madagascar, Mali, Niger, Senegal, Tanzania and Uganda. The group also maintains an office in Paris, France. The bank was incorporated in 1997, as Amalgamated Bank Limited. In 2006, "Meeky Enterprises" of Nigeria, acquired 49% shareholding in AmalBank. At that time, Meeky was also a major shareholder in Oceanic Bank, a Nigerian financial services provider which was later acquired by Ecobank Nigeria. In April 2011, majority shareholding (60%) in AmalBank was acquired by the Bank of Africa Group. AmalBank rebranded to Bank of Africa (Ghana)
British West Africa colonial banking often disadvantaged the colonies as producers of commodities. Even after its final dissolution, a single currency, the British West African pound, was in effect throughout the region—including Nigeria—from 1907 to 1962. Nigeria gained independence in 1960. Sierra Leone was self-governing by 1958 and gained independence in 1961. Gambia gained independence in 1965. In 1954, the British Gold Coast was allowed by Britain to self-govern and in 1957, the Gold Coast was given independence from Britain, under the name Ghana. British West Africa British West Africa was the collective name for British colonies in West Africa during the colonial