Prince al-Walid buys Echo bank shares

Saudi Arabia's Prince al-Walid Bin Talal has bought 10% of shares of the African bank "Echo Bank" which administrates several banks and their branches in West African countries.

This was announced in a statement released in Riyadh today by the Kingdom's holding company owned by Prince al-Walid Bin Talal. The statement added that, "Echo Bank is stationed in the capital of Togo and supervises several banks and their branches in Benin, Burkina Faso, Ivory Coast, Ghana, Nigeria and Togo."