On a bright October week that also marked four decades of Ecobank’s presence in Africa, Ecobank Uganda chose to celebrate not with ceremony for its own sake, but with an investment in children often left at the margins of education systems. At the heart of the bank’s 13th Ecobank Day activities was a simple proposition: that inclusive, quality learning isn’t a charitable add-on, it is a development necessity, and technology can help make it real. A CSR tradition that has grown into a movement Since launching Ecobank Day in 2013, the Ecobank Group has turned a single day of corporate…
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By Jeremy Awori Across Africa, there is growing momentum in support of intra-African trade, as work to unlock the potential of small and medium-sized enterprises (SMEs) as key drivers of the continent’s economic transformation gains traction accross Africa, there is growing momentum in support of intra-African trade, as work to unlock the potential of small and medium-sized enterprises (SMEs) as key drivers of the continent’s economic transformation gains traction. The African Continental Free Trade Area (AfCFTA) is poised to become the world’s largest single market by population, and with SMEs already accounting for more than 80% of employment in Africa,…
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Ecobank Uganda has released its 2024 results, showing a remarkable increase in lending, a cleaner loan book, leading to increased revenues and profits — consolidating a turnaround that began under…
Ecobank Group, the leading pan-African banking Group, and The Pan African Payment and Settlement System (PAPSS) have signed a Memorandum of Understanding (MoU) to facilitate the settlement of cross-border transactions of the Group, including the transactions of all their subsidiaries, through PAPSS. The MoU was signed on Monday, 19 June 2023 during the opening ceremony of the 30th Afreximbank Annual Meeting (AAM) held in Accra, Ghana. The opening was honoured by the presence of H.E. Nana Akufo Addo, President of the Republic of Ghana and other African Heads of State, Professor Benedict Oramah, President of Afreximbank, H.E. Wamkele Mene, Secretary…
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Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group⏤a major Pan-African bank with banking operations in 33 countries across the continent. The Group also has a licensed operation in Paris and representative offices in Addis Ababa, Beijing, Dubai, Johannesburg and London. According to a public notice by ETI, signed by Madibinet Cisse, the Group General Counsel and Company Secretary, the meeting will be held at Ecobank Pan African Centre’s Conference Centre, on 2365 Boulevard du Mono, starting at 10.30 am GMT. Following the AGM, there will also be an Extraordinary General Meeting whose main agenda is fundraising. The…
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Dear Shareholders. I have the honour of writing this first letter to Shareholders in my capacity as Chief Executive Officer of Ecobank Transnational Incorporated, a position I have occupied since 1 March 2023. Over the years, Ecobank Group has consistently delivered value for Africa, Africans and friends of Africa. I am excited about the opportunities to deliver even greater value and continue to play our part in providing world-class financial services and contributing to the economic integration of the continent. Despite the challenging global macroeconomic environment, including the volatility affecting the banking sector, I am conscious of the significant opportunities…
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Ecobank Transnational Incorporated (ETI) has appointed Ghanaian career banker, Mrs. Josephine Anan-Ankomah as the Regional Executive, Central, Eastern and Southern Africa (CESA) and Managing Director, Ecobank Kenya. Mrs. Anan-Ankomah has been the Ecobank Group Executive, Commercial Banking. She has served the Bank for the past 30 years in various capacities and replaces Mr. Cheikh Travaly who retired at the end of 2022 after attaining the mandatory retirement age of 60 years by Ecobank Group policy. Josephine, who is a Fellow of the Association of Chartered Certified Accountants, holds an MBA in Finance and a Bachelor of Arts in Economics and…
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Grace Muliisa was appointed as Managing Director of Ecobank Uganda, in September 2021, with a brief to spearhead the bank’s transformation and “better align it to the market needs for a better, faster and more consistent customer banking experience”. Ecobank Uganda is part of Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, a leading pan-African banking Group, headquartered in Lomé, Togo. The Ecobank Group employs about 14,000 people and serves over 32 million across 35 countries on the continent. The Group also operates a banking license in France and has representative offices in Addis Ababa, Ethiopia; Johannesburg,…
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Mastercard and Ecobank Group have partnered to connect millions of smallholder farmers in Sub-Saharan Africa to Mastercard’s Farm Pass – a digital platform that makes it safer and easier for farmers to sell their produce at a fair price. Under the partnership, Ecobank will extend the reach and impact of the Mastercard Farm Pass platform leveraging its Pan-African network of 33 countries. Many smallholder farmers in Sub-Saharan Africa face several challenges. These include: limited access to markets, working capital to finance activities or secure quality inputs and relevant financial tools to pay and get paid efficiently. This has led to…
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Businessman, tech guru and media mogul, Kin Kariisa has ended his 10 years on the board of Ecobank Uganda, a subsidiary of Ecobank Transnational Incorporated (ETI), one of Africa’s largest financial brands, leaving behind a well-entrenched bank, with great growth prospects. Kariisa who joined the bank’s board, in 2012, rising to become Chairman in 2019, was on Thursday, 12th May, together with Mrs Gertrude Lutaaya, another board member for 10 years, hosted by the bank, to a powerful farewell dinner at the Sheraton Kampala Hotel, in honour of their commitment service. The dinner, which was hosted by Grace Muliisa, the…
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