Managing Director of Ecobank Kenya sephine Anan-Ankomah.[Courtesy]
Ecobank gets Sh3.5b capital injection boost
Enterprise
By
Irene Githinji
| Mar 26, 2025
Ecobank Kenya has strengthened its capital base with a $27 million (Sh3.5 billion) boost to support business growth in the country and the East African region.
The cash injection raises the bank’s total capital to $65 million (Sh8.5 billion) as it seeks to meet the Sh10 billion core capital requirements by 2029.
Ecobank Transnational Incorporated Group Chief Executive Jeremy Awori was optimistic that the investment will enable the institution to support business expansion, facilitate regional trade, and promote financial inclusion.
="https://www.standardmedia.co.ke/article/2000060419/ecobank-to-boost-ea-operations">With the additional
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="https://www.standardmedia.co.ke/article/2001232891/ecobank-targets-strong-customer-growth-from-mobile-banking">“Kenya is a strategic< market for the Ecobank Group and a key economic hub driving growth across East Africa. This capital reinforcement supports Ecobank Kenya’s ability to seize new business opportunities and deliver long-term value for stakeholders—all in alignment with our Growth, Transformation, and Returns (GTR) strategy,” Mr Awori said in a statement.
Ecobank Kenya is also aiming at empowering emerging industries like green energy, transport and logistics, healthcare, and retail and trade, focusing on sustainable development in Kenya and East Africa.
="https://www.standardmedia.co.ke/cartoon/article/2000002987/ecobanks-lot-to-improve-as-gamble-pays-off">Ecobank Kenya
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