Ecobank Group commits US$2.6bn to women-led businesses and agribusinesses across Africa
The announcement was made during the Ecobank@40 Media Conference in Lomé, as the pan-African banking group marked the conclusion of its 40th anniversary year.
Ecobank Group has announced a combined USD 2.6 billion lending commitment by 2030 to support women-owned businesses and agricultural value chains across its 34 African markets. The commitments comprise USD 2.0 billion for women entrepreneurs through the bank’s flagship Ellevate programme and USD 600 million for agriculture-focused small and medium-sized enterprises (SMEs).
Ecobank says the initiatives form part of its next phase of growth, with a focus on economic transformation, financial inclusion and sustainable development across Africa.
Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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