Tag: Ecobank Ghana

Ecobank Increases Lending to Agricultural Sector In Ghana

Ecobank says it is increasing investment in the agriculture sector, although many financial companies sideline the sector. Despite employing majority of the country’s workforce, many banks and financial institutions hold that lending to the sector is risky. Ecobank’s Head of Small and Medium Enterprises Department Abdulai Abdul Rahman said the bank’s engagement with farmers in the sector shows that the sector… Read more →

Investors Rally to Finance New Ghana Commodity Exchange

Eleni, a private company positioned as the premier commodity exchange promoter in Africa, announced on Thursday the formation of a private-public investment consortium to finance the establishment of the Ghana Commodity Exchange (GCX). Investment consortium partners include Ghana’s top tier financial institutions, Data Bank Agrifund Manager Ltd, Ecobank Ghana Ltd, UT Bank Ghana Ltd, as well as IFC, 8 Miles… Read more →