Cameroonian banker Alain Nkontchou to acquire Nedbank’s $100 million Ecobank stake
The deal, to be executed through Nkontchou’s private investment firm, Bosquet Investments, will mark the end of Nedbank’s 17-year partnership with Ecobank.
Ecobank
Cameroonian banker Alain Nkontchou-led Ecobank reports $496 million in revenue in Q1 2024
Under Alain Nkontchou’s leadership, total comprehensive income surged significantly, rising from N7.06 billion ($15.54 million) to N448.72 billion ($123.76 million).
Ecobank moves to seize Nigerian tycoon Oba Otudeko’s FBN shares over $17-million debt
Otudeko, the largest shareholder of FBN Holdings, owes Ecobank more than $17 million.
Ecobank names Kenyan banking exec Jeremy Awori as CEO
Awori is joining Ecobank after 25 years in the banking industry.
Kenyan banking exec Jeremy Awori to take over from Ade Ayeyemi as CEO of Ecobank
Absa Bank Kenya reported triple-digit earnings growth in the 2021 fiscal year.
Cameroonian banker Alain Nkontchou loses over $1 million from investment in Ecobank
The company’s market capitalization is presently $471 million.
Cameroonian banker Alain Nkontchou gains over $1.5 million from stake in pan-African banking group, Ecobank
Nkontchou, who is the chairman of the Togo-based financial services company, holds 0.98 percent of Ecobank.
Ade Ayeyemi-led Ecobank posts strong earnings as profit soars nearly tenfold above $256 million
Ecobank is the leading independent regional banking group in West and Central Africa.
Ade Adeyemi-led Ecobank Group gets $113.2-million loan from EIB to support SMEs in Africa
Ecobank is the leading independent regional banking group in West and Central Africa.
Ade Ayeyemi-led Ecobank partners with Microsoft, LinkedIn to empower SMEs across Sub-Saharan Africa
The bank will empower SMEs with digital skills to leverage online resources for business growth.