Ecobank Acquires Banco ProCredit and Commences Trading in Mozambique

Posted on by wademinnie | 10693 Views | 7 min read

Ecobank Transnational Incorporated and ProCredit Holding (‘PCH’) have announced that they have concluded negotiations for the acquisition of the 96% stake in Banco ProCredit Mozambique previously held by ProCredit Holding and the DOEN Foundation. The transaction has received the approval of the regulatory authorities in Mozambique and the Bank has started trading as Ecobank Mozambique,

Ecobank Transnational Incorporated announces new Group CEO

Posted on by wademinnie | 8544 Views | 12 min read

Ecobank Transnational Incorporated has announces the departure of Group CEO Mr Thierry Tanoh with effect from 12 March 2014. Effective the same date he will no longer be a Director of ETI. Mr Tanoh joined the Ecobank Group as CEO designate in July 2012 and commenced his executive role in October 2012 prior to being