Ecobank

Ecobank Transnational Incorporated is a prominent banking institution in Africa, providing a comprehensive range of retail, corporate, and investment banking services. Founded in 1985 and headquartered in Lomé, Togo, Ecobank operates through various segments, including Corporate & Investment Banking, Commercial Banking, and Consumer Banking. Its offerings include current and savings accounts, term deposits, a variety of loans (personal, auto, mortgage), cards, and digital banking services. Additionally, the bank provides services such as bancassurance, remittance, foreign exchange, treasury, cash management, and trade finance. Ecobank caters to a diverse clientele, including individuals, small and medium enterprises, multinational corporations, governmental bodies, and non-governmental organizations. With a vast network of 888 branches and 2,460 ATMs across the continent, Ecobank plays a significant role in the African banking landscape. Its subsidiaries, including Ecobank Nigeria Limited and Ecobank Zimbabwe Limited, further enhance its reach and service offerings in their respective markets.

Patrick Akinwuntan

Executive Director, Head of Domestic Bank

Jeremy Awori

Incoming Group CEO

Gervais Djondo

Co-Founder

Kunle Barry Osilaja

Managing Director

Laurence Rego

Group Executive Director, Finance

Ola Sowemimo

Chief Investment Officer

Evelyne Tall

Deputy Group CEO / COO / Group Executive Director

8 past transactions

Motito

Grant in 2021
Motito promotes financial inclusion and increased access to credit across Africa. Their mobile shopping app provides convenience and a tailored-to-you payment plan.

Trove

Grant in 2021
Trove Technologies Limited operates an online investment platform based in Lekki, Nigeria, designed to facilitate easy access to various financial assets. The platform enables users to invest in a diverse range of securities, including stocks, bonds, cryptocurrencies, and mutual funds. It specifically targets beginners by simplifying the investment process, from the initial sign-up and KYC verification to trading and monitoring investments. Users can track their portfolios in real-time and receive tailored financial news related to their investments. By providing a user-friendly interface and a comprehensive selection of assets, Trove aims to make micro-investing accessible and straightforward for its clientele.

SMILE Telecoms Holdings

Debt Financing in 2015
Smile Telecoms Holdings Limited provides broadband Internet access and communication services throughout Africa, specifically targeting markets in Nigeria, Tanzania, Uganda, and the Democratic Republic of Congo. Established in 2007 and headquartered in Port Louis, Mauritius, the company offers mobile broadband Internet, as well as voice and messaging services via its long-term evolution broadband network. Additionally, it supplies WiFi routers, MiFi routers for multiple users, and USB dongles for individual users. The company serves a diverse customer base, including small and medium-sized enterprises, households, and individual users, while also focusing on enhancing Internet penetration in regions with low connectivity. With a potential customer base exceeding 300 million, Smile Telecoms is positioned to expand access to reliable mobile connections, particularly as smartphone usage continues to grow in its operational areas.
Golden Star Resources Ltd. is a gold mining and exploration company based in Toronto, Canada, with operations primarily in Ghana. The company has been active in the region since 1999 and owns the Wassa open-pit and underground mines, as well as a carbon-in-leach processing plant located northeast of Tarkwa. Additionally, it operates the Bogoso gold mining and processing facility and the Prestea open-pit and underground mines near Prestea. Golden Star holds a 90% interest in these operations, which are situated within the Ashanti Gold Belt, a region known for its rich mineral deposits. The company is committed to enhancing its operating margin by focusing on lower cost ore production while also managing various gold exploration properties in Ghana and Brazil.

Banco ProCredit Mozambique

Acquisition in 2014
Banco Procredit Mozambique offers specialized finance and banking services for small and medium enterprises in fishing and agriculture.

Oceanic Bank International

Acquisition in 2011
Oceanic Bank International provides various commercial banking services to corporate, commercial, and individual customers in Nigeria. Its corporate banking products and services include direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, foreign currency, and derivative products. The company also offers retail banking services comprising private banking services, private customer current accounts, savings, deposits, investment savings products, custody, credit and debit cards, consumer loans, and mortgages. In addition, it provides various services, including financial instruments trading, structured financing, corporate leasing, and merger and acquisitions advice, as well as life and non-life insurance underwriting services. After her tenure at the Central Bank of Nigeria (CBN), Dr Mrs. Seinye O.B. Lulu-Briggs directly joined the Ocean Bank International, a Nigerian Bank that provides corporate, commercial, and individual banking services, as Assistant Manager. At the bank, she was responsible for administration, data processing credit, and a fair exposure to marketing. Taking her experience in consideration, Dr Mrs. Seinye O.B. Lulu-Briggs was directly responsible for setting up and managing the Port Harcourt (PH) Township Community Bank.
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