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Ecobank
Source: Ecobank |

Arise B.V. makes US$75 million perpetual non-cumulative AT1 capital investment in Ecobank Transnational Incorporated

The investment by Arise demonstrates the support, commitment and capacity of Ecobank’s international shareholder base

Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group (www.Ecobank.com), is pleased to announce a US$75 million Additional Tier 1 ("AT1") investment by Arise B.V. ("Arise"). This Basel III compliant instrument is the first AT1 instrument issued by ETI and a landmark transaction in the sub-Saharan…

Ecobank

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    • Ecobank Group Launches 2021 edition of its Fintech Challenge (1)
    • Ecobank Group Launches 2021 edition of its Fintech Challenge - FR (1)
    • Ecobank Group Launches 2021 edition of its Fintech Challenge (2)
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Source: Ecobank |

Ecobank Group Launches 2021 edition of its Fintech Challenge

Applications have opened for entries from all start-ups and developers in any of Africa’s 54 countries and global Africa-centered Fintechs

The Pan-African Banking Group seeks innovative start-ups to partner and collaborate with; Applications are now open. The pan-African banking group, Ecobank group, is inviting African Fintech entrepreneurs to join the 4th edition of the Ecobank Fintech Challenge. The Fintech Challenge is in line with the Bank’s commitment to championing digitization by…

Ecobank
Source: Ecobank |

Over 200 graduates emerge from the Ecobank Group and AUDA-NEPAD MSME Training for Financing program

The Graduates came from the eight (8) countries in the pilot phase of the MSME Academy namely, Chad, Côte d’Ivoire, Ghana, Kenya, Niger, Nigeria, Rwanda and Togo

The leading pan-African banking group, Ecobank Group (www.Ecobank.com), and the African Union Development Agency New Partnership for Africa’s Development (AUDA-NEPAD), held a virtual graduation ceremony for more than 200 alumni of the inaugural Ecobank’s MSME Training for Financing Program. The Graduates came from the eight (8) countries in the pilot…

Ecobank
Source: Ecobank |

Ecobank Group and Microsoft Upskill Africa’s Small and Medium Enterprises to Succeed in a Digital Economy

The Global Skilling Initiative is just another example of how Ecobank wants to help SMEs reach their full potential and play a vital role in driving Africa’s economic resurgence

The leading pan-African banking group, Ecobank Group (www.Ecobank.com), in partnership with Microsoft, LinkedIn, GitHub and Ecobank Academy is set to provide training to equip Small and Medium-sized Enterprises (SMEs) across sub-Saharan Africa. This training will provide SMEs digital skills and knowledge to succeed in today’s digital world. SMEs have been…

Ecobank
Source: Ecobank |

CDC Group announces US$50m trade finance facility with Ecobank as part of its Covid-19 response

This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 - $140 million in additional trade annually

Provides systemic liquidity and supports vital supply chains across Africa’s markets; Sustains and increases access to goods and services during the pandemic; Bolsters economic opportunities and inclusive growth, in markets such as Togo, Burkina Faso and Chad. CDC Group, the UK’s Development Finance Institution and impact investor, has announced a…

Ecobank

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    • Edem Adjamagbo, CEO & Founder Semoa
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Source: Ecobank |

Ecobank Group reaches another milestone in financial inclusion in Africa

A new WhatsApp service in partnership with Semoa, a Togolese Fintech

The Ecobank Group (www.Ecobank.com) and Semoa a Fintech based in Lomé,   are enabling mobile money users  in Togo to carry out  banking faster and easier, across West African Economic and Monetary Union ( WAEMU) through a new digital banking service via Whatsapp called “ Express cash by Semoa”. The Ecobank…

Ecobank
Source: Ecobank |

Ecobank Group named 2021 African SME Bank of the Year

The African SME Bank of the Year award 2021 recognises the bank which has significantly contributed to the development of the SME sector

The Pan-African banking group, the Ecobank Group (www.Ecobank.com), is the African Banker’s 2021 African SME Bank of the Year. Ecobank beat a host of other banks in the African Banker Awards 2021 to take home the SME Award in a 2020 tumultuous year characterised by the Covid-19 pandemic which continues…

Ecobank
Source: Ecobank |

Ecobank Transnational Incorporated formally opens the market at the London Stock Exchange after successfully listing its US$350 million Sustainability Bond on the LSE

This represents the first ever Tier 2 Sustainability Notes by a financial institution in Sub-Saharan Africa

Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group (www.Ecobank.com), was hosted today by the London Stock Exchange for a market opening virtual ceremony to celebrate the successful listing of the Tier 2 Sustainability Notes on the London Stock Exchange (LSE) main market. This represents the…

Ecobank
Source: Ecobank |

Ecobank Transnational Incorporated successfully launches US$350 million 10NC5 year Tier 2 Sustainability Notes

This represents the first ever Tier 2 Sustainability Notes by a financial institution in Sub-Saharan Africa

Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group (www.Ecobank.com), is pleased to announce that it has successfully raised US$350 million Tier 2 Sustainability Notes. This represents the first ever Tier 2 Sustainability Notes by a financial institution in Sub-Saharan Africa. This Tier 2 issuance is…

Ecobank

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    • AUDA-NEPAD and Ecobank Group partnership moves to finance phase under the 100,000 MSMEs Initiative
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Source: Ecobank |

AUDA-NEPAD and Ecobank Group partnership moves to finance phase under the 100,000 MSMEs Initiative

$2.0 million USD to be extended to qualifying MSMEs

The African Union Development Agency NEPAD (AUDA-NEPAD) (https://bit.ly/3w9P1aI) and the Ecobank Group (www.Ecobank.com) its strategic partner on the development of the 100,000 Micro, Small and Medium Enterprises (MSMEs) Initiative, are set to launch the financing component as from 27 May 2021. AUDA-NEPAD launched the 100,000 MSMEs Programme to accelerate African economic…