Ecobank Transnational Incorporated (ETI)

Africa

Region

374.6

Commitment (MNOK)

Active

Status

ETI was founded in 1985 and progressively expanded its presence across 33 sub-Saharan Africa countries. The Group is organized around four geographical regions: Francophone West Africa (UEMOA) where its has 38% of Group assets, Central, East, and Southern Africa (CESA) where it has 23% of Group assets, Nigeria (21%) and Anglophone West Africa (AWA) where it has 17% of Group assets. The Group ranks among the top-three banks, by assets, in 16 countries, with particularly strong franchises in its core West-African markets of UEMOA and AWA (mainly Ghana). Ecobank has a strong brand recognition through a substantial network of over 24 million customers served by some 14,000 employees and 690 branches across the continent.

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Key information

Sector:
Financial Inclusion
Commitment (MNOK):
374.6
Year:
2021
Region:
Africa
Country:
Regional
Domicile:
Togo
Instrument:
Loans
Status:
Active
Mandate:
Development

Additionality Ecobank Transnational Incorporated (ETI)

This investment is particularly additional on the following ambitions:

  • Investing in the poorest countries
  • Investing in the most capital constrained markets
  • Investing in the riskiest markets
  • Investing in difficult business environments
  • Investing in sectors with high development needs
  • Improving social and environmental performance

Watch a video about the investment: