Tag: Ecobank
Ecobank, AfCFTA strike deal to unlock $3bn for African businesses, SMEs
Ecobank Group and the African Continental Free Trade Area (AfCFTA) Secretariat have signed a landmark Memorandum of Understanding (MoU) to accelerate intra-African trade and close the continent’s widening trade finance gap – with a sharp focus on SMEs, women-led businesses, and young entrepreneurs. The agreement, announced through a press release on Thursday, establishes a strategic
Ecobank Posts $801 Million Pre-Tax Profit as 2025 Revenue Jumps 17%
Pan-African lender Ecobank Group reported a 21% rise in profit before tax to $801 million for the year ended December 31, 2025, driven by strong growth across its corporate, investment, and consumer banking businesses. Net revenues climbed 17% to $2.45 billion, supported by higher client activity, increased trade volumes, and expansion in payments and lending
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