Ecobank, the leading Pan-African financial institution has announced the re-launch of its foundation, the Ecobank Foundation, with a new strategy and focus. The new strategy was presented in Canada, on the side-lines of the Global Fund’s Fifth Replenishment Conference, in Montreal on 16-17 September.
Health, Education, & Financial Inclusion are the three key areas of the Ecobank Foundation’s renewed vision. Working with partners across the African continent, the Foundation has set its sights on enhancing the lives of communities across Africa.
Ade Ayeyemi, Ecobank Group Chief Executive Officer said, “Ecobank’s founding fathers established a Pan-African bank to support Africa’s transformation. We are committed to financial inclusion to extend financial services to Africa’s low-income segments, including the unbanked. We are re-launching the Ecobank Foundation to accelerate efforts towards this transformation.”
Julie Essiam, Ecobank Foundation’s Chief Executive Officer said, “The African private sector is the continent’s engine of growth. The Foundation will leverage Ecobank's considerable strengths and resources as a financial institution to empower and improve the lives of Africans now and in the future.” The Ecobank Foundation aims to become the go-to partner for organisations interested in the transformation of Africa.
The Foundation has renewed its partnerships with the Global Fund to Fight AIDS, Tuberculosis and Malaria for a further three years. Programmes supported by the Global Fund partnership have put 9.2 million people on antiretroviral treatment for HIV, provided 15.1 million people with TB treatment and distributed 659 million mosquito nets to protect families from malaria.
Ms. Essiam said, “As we re-launch the Foundation, we renew our commitment towards our role in leading the transformation of Africa, and a prosperous Continent. Our decision to reposition the Ecobank Foundation is one that aligns us with the investments required for our vision of transformation. The transformation we are interested in, is about prosperity for our children and generations to come, and the perpetual thriving of this continent - simply put, it is Africa Thriving”!
The Ecobank Foundation is also collaborating with leaders and organisations across Africa to improve access to education. It recently partnered with AfricaThriving International, to begin with building five state-of-the-art primary schools in Ghana, and eventually across Africa. The partnership, labelled “The Model School Project”, aims to provide access to quality education to all children. It will focus its resources in providing advanced learning facilities to thousands of learners.
The foundation calls on leaders and organizations of the Continent to join hands to drive the accelerated transformation of Africa.
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About the Ecobank Foundation
The Ecobank Foundation was created to positively impact the lives of people across Africa. Established by the Ecobank Group, the leading pan-African bank, the Ecobank Foundation is positioned to contribute towards the continent’s transformation, particularly in the communities in which the bank operates. The Ecobank Foundation partners with organisations to provide relevant experience and expertise in the field of health, education and financial inclusion.
For more information, visit ecobankfoundation.org
About Ecobank Group
Incorporated in Lomé, Togo, in 1988 Ecobank Transnational Incorporated (‘ETI’) the parent company of Ecobank is the leading independent pan-African banking group. It currently has a presence in 36 African countries, namely: Angola, Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Congo (Brazzaville), Congo (Democratic Republic), Côte d’Ivoire, Equatorial Guinea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Togo, Uganda, Zambia and Zimbabwe. The Group employs over 20,000 people in 40 different countries in over 1,200 branches and offices. Ecobank is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small and micro businesses and individuals. Additional information on Ecobank can be found at ecobank.com.