ARTICLE AD BOX
By Patrick Chidubem
Ecobank Group announced a significant USD3 billion trade‑finance pledge aimed at boosting intra‑African global trade over the next three years.
The declaration was made at the Africa‑Forward Summit in Nairobi, as part of the bank’s ongoing participation in the Africa‑France Impact Coalition (AFIC), which is chaired by Presidents Emmanuel Macron of France and William Ruto of Kenya.
In a statement, the bank said the commitment is intended to create integrated value chains and promote shared economic sovereignty, further cementing Ecobank’s role as the leading financial gateway linking Africa to the rest of the world.
“With a proven track record in 34 African markets, Ecobank Group will collaborate with Development Finance Institutions such as Proparco to roll out this $3 billion commitment. By broadening access to competitive trade finance, the capital will directly support Africa’s key economic sectors—agribusiness, manufacturing, and general commerce. This targeted deployment aims to speed the continent’s structural transformation, anchoring future growth in sustainable industrialisation, resilient infrastructure, and human capital,” the bank added.
The statement further explained that, by enhancing liquidity, issuing guarantees, and offering specialised trade instruments, Ecobank will enable African firms to secure vital inputs, reach new markets, and build resilience amid increasingly complex global supply chains.
Jeremy Awori, CEO of Ecobank Group, said: “The Africa‑France Impact Coalition represents a fundamental shift toward shared sovereignty and integrated supply chains, and we are proud to champion this vision. Africa is rising and trading. By harnessing our Paris banking hub and partnerships with DFIs such as Proparco, we are linking African opportunities to global capital. This initiative is more than a financial commitment; it is a catalyst for trade, investment and talent—the pillars of Africa’s next decade.”
The post “Ecobank Group commits $3bn for intra African global trade” first appeared on Vanguard News.

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