Banking

Tuesday 12 December, 2023
Lomé-based Ecobank Transnational Incorporated (ETI) secured last week a $200 million loan for sustainable development. The Pan African group signed the…

Thursday 7 December, 2023
Ecobank is, again, the Bank of the Year in Togo. The lender won the title for the fourth consecutive year,…

Friday 17 November, 2023
The African Guarantee Fund (AGF) will provide Lomé-based Ecobank with additional support to better finance African SMEs. The two recently…

Monday 23 October, 2023
In the past 10 years, BOA Togo has had over 65,000 accounts opened.  The milestone was disclosed by Youssef Ibrahimi,…

Friday 6 October, 2023
Ecobank Togo just opened, through the Sephis Foundation, a CFA1 billion credit line for Togolese businesswomen. The investment aims to…

Tuesday 18 July, 2023
Of all WAEMU countries, Togo was the one that recorded the highest growth for bank credit supply–the amount of credit…

Thursday 13 July, 2023
Factoring financing almost tripled in Togo between March 2022 and March 2023, from CFA7 billion to CFA19 billion. The figure…

Wednesday 5 July, 2023
Cassa Depositi E Prestiti (CDP) will open a €60 million credit to support Africa’s private sector. The Italian public financial institution…

Thursday 22 June, 2023
The Lomé-based banking group Ecobank will rely on the network of the Pan-African Payment and Settlement System (PAPSS) to facilitate…

Thursday 15 June, 2023
Banks in Togo had their net foreign assets standing at 1,487.8 billion FCFA in 2022. According to the BCEAO, WAEMU’s…

Tuesday 30 May, 2023
Last week, The ECOWAS Bank for Investment and Development (EBID) celebrated ECOWAS Week. The event, which closed on May 26,…

Wednesday 24 May, 2023
The Public Administration Savings and Credit Cooperative (CECAP) in Togo announced positive annual results at its ordinary general assembly, held…

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