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Ecobank Transnational Incorporated

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    • Ecobank Group Announces the Top Finalists for the 2024 Ecobank Fintech Challenge at its first ever Semi-Finals event in Lagos, Nigeria
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Source: Ecobank Transnational Incorporated |

Ecobank Group Announces the Top Finalists for the 2024 Ecobank Fintech Challenge at its first ever Semi-Finals event in Lagos, Nigeria

Finalists to Compete for Coveted $50,000 Cash Prize

Ecobank (www.Ecobank.com), the pan-African Bank, has announced the top finalists for the first-ever and inaugural 2024 Ecobank Fintech Challenge Hybrid Semi-Final event held at the Ecobank Pan African Centre in Lagos, Nigeria. The finalists were selected from a cohort of 40 highly competitive Fintechs that made it to the semi-final…

Ecobank Transnational Incorporated

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    • (L- R) Papa Madiaw Ndiaye, incoming Chairman of Ecobank Group, Jeremy Awori, Chief Executive Office Ecobank Group and Alain Nkontchou- outgoing Chairman Ecobank Group
    • (L- R) Jeremy Awori, Chief Executive Office Ecobank Group, Papa Madiaw Ndiaye, incoming Chairman of Ecobank Group, and Alain Nkontchou- outgoing Chairman Ecobank Group
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Source: Ecobank Transnational Incorporated |

CORRECTION: Shareholders approve all resolutions at Ecobank Transnational Incorporated (ETI)’s 36th Annual General Meeting and its Extraordinary General Meeting

Following the General Meetings, the Board of Directors appoints Papa Madiaw Ndiaye as ETI’s new Chairman

Ecobank Transnational Incorporated (“ETI”) (www.Ecobank.com), the parent company of the Ecobank Group, today held its 36th Annual General Meeting in Lomé, Togo, which was followed by an Extraordinary General Meeting. Shareholders applauded the Group’s strong performance in 2023 with its net revenues exceeding US$2 billion mark for the first time…

Ecobank Transnational Incorporated

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    • International Finance Corporation (IFC) and Ecobank Transnational Incorporated to Support Trade Finance in Seven African Countries (1)
    • International Finance Corporation (IFC) and Ecobank Transnational Incorporated to Support Trade Finance in Seven African Countries (2)
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Source: Ecobank Transnational Incorporated |

International Finance Corporation (IFC) and Ecobank Transnational Incorporated to Support Trade Finance in Seven African Countries

IFC’s $140 million trade finance guarantee facility will help strengthen the participating affiliates’ trade finance operations and leverage ETI’s wide-spanning footprint in Africa

To promote trade and foster economic growth in Africa, IFC today announced trade finance facilities with seven Ecobank Transnational Incorporated (ETI) (www.Ecobank.com) subsidiaries operating in Burkina Faso, Cameroon, Cote d’Ivoire, Ghana, Malawi, Mali, and Togo. IFC’s $140 million trade finance guarantee facility will help strengthen the participating affiliates’ trade finance…

Ecobank Transnational Incorporated

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    • Ecobank SADC Cluster Head, Mr. Moses Kurenjekwa (2nd right) and Zimbabwe’s Head of Customer Experience, Mr. Tichaona Gandanhamo (2nd left) with The Banker’s Bank of The Year Award trophies for Benin, Guinea, Liberia, Mali and Togo. The five affiliates defied stiff competition to emerge the best in their respective markets. They were flanked by officials from The Banker Awards team.
    • Ecobank SADC Cluster Head, Mr. Moses Kurenjekwa (2nd right) displays the first ever ‘Global Award for Financial Inclusion 2023’ trophy won by Ecobank Zimbabwe. Mr. Kurenjekwa was accompanied by Zimbabwe’s Head of Customer Experience, Mr. Tichaona Gandanhamo
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Source: Ecobank Transnational Incorporated |

Five Ecobank affiliates win Bank of the Year 2023 awards and Ecobank Zimbabwe wins Global Award for Financial Inclusion in The Banker’s Awards 2023

Ecobank Benin, Ecobank Guinea, Ecobank Liberia, Ecobank Mali and Ecobank Togo were all named ‘Bank of the Year 2023’ in their respective countries

Ecobank (www.Ecobank.com), the leading pan-African Banking Group, is proud to announce that Ecobank Zimbabwe has won the ‘Global Award for Financial Inclusion’ in The Banker’s Awards 2023. In addition, Ecobank Benin, Ecobank Guinea, Ecobank Liberia, Ecobank Mali and Ecobank Togo were all named ‘Bank of the Year 2023’ in their…

Ecobank Transnational Incorporated

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    • Ecobank Group CEO, Mr. Jeremy Awori (seated left) and AGF Group CEO, Mr. Jules Ngakam (seated right) append their signatures on the USD200 million risk-sharing agreement
    • Ecobank Group CEO Mr. Jeremy Awori (left) and African Guarantee Fund Group CEO, Mr. Jules Ngankam exchange the USD200 million risk sharing agreement after it was signed in Lome, Togo
    • Left to Right - AfDB Country Manager Togo, Mr. Wilfrid Abiola, Group CEO AGF, Mr. Jules Ngakam and AGF Chairman Board of Directors, Mr. Felix Bikpo and Ecobank Group CEO, Jeremy Awori
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Source: Ecobank Transnational Incorporated |

Ecobank and African Guarantee Fund Sign Transformative USD 200 Million Risk Sharing Agreement

The USD 200 million risk-sharing agreement marks the third renewal of Ecobank’s partnership with AGF

This is the largest guarantee facility in sub-Saharan Africa; The risk sharing agreement marks the third renewal of the partnership between Ecobank (www.Ecobank.com) and AGF; SMEs from across 27 African markets in which Ecobank operates will benefit from the partnership; up from just 7 countries in 2013; The agreement includes favourable lending terms…

Ecobank Transnational Incorporated
Source: Ecobank Transnational Incorporated |

African fintech industry players to converge in Lomé, Togo, for the 2023 Ecobank Fintech Challenge Grand Finale

The Grand Finale will take place on Friday, 6th October 2023 and will be live streamed for everyone to participate

The 2023 Ecobank Fintech Challenge Grand Finale (www.Ecobank.com), hosted at the Ecobank Pan African Conference Center, will crown the winner of the $50,000 Ecobank Fintech Challenge prize and promote networking, regulatory, innovation and investment dialogue. The Grand Finale will take place on Friday, 6th October 2023 and will be live…

Ecobank Transnational Incorporated
Source: Ecobank Transnational Incorporated |

A Record 1,490 Fintechs entered the Ecobank Fintech Challenge 2023 with Eight (8) reaching the Final

This is the sixth edition of this international competition, with the highest number of applications on record

Eight finalists emerged from an impressive pool of 1,490 Fintechs drawn from 64 countries in and beyond Africa; the Grand Finale will take place on 6 October at the Ecobank Group Pan African Centre (www.Ecobank.com) in Lomé, Togo; all finalists will be admitted into the Ecobank Fintech Fellowship Programme; the…

Ecobank Transnational Incorporated
Source: Ecobank Transnational Incorporated |

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 Transnational Incorporated
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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 Transnational Incorporated

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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 Transnational Incorporated |

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…