Ecobank
VC Fund
Lomé, Togo
Ecobank is a VC fund in Lomé focused on FinTech and Finance. Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign andstate-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum.The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI.In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS.Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.
- Total investments:
- 9
- Last investment:
- Lead investor:
- 56%
Last updated:
For AI agents: llms.txt
Industries Ecobank invests in
Stages Ecobank invests in
Countries Ecobank invests in
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
| See all 9 contacts → | |||
Investment Focus
Industry
- FinTech 2 (22%)
- Finance 2 (22%)
- Mining Technology 2 (22%)
- Financial Services 2 (22%)
- AgTech 1 (11%)
Stage
- Grant 4 (44%)
- Debt Financing 4 (44%)
- Post-IPO Debt 1 (11%)
Country
- Ghana 2 (22%)
- Mali 1 (11%)
- China 1 (11%)
- Canada 1 (11%)
- Nigeria 1 (11%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Jeremy Awori
Group Chief Executive Officer
|
Group Chief Executive Officer | Total investments: 3 | Find email | |
Dayo Orimoloye
Group Chief Risk Officer
|
Group Chief Risk Officer | Total investments: 0 | Find email | |
Djiba Diallo
Senior Fintech Advisor
|
Senior Fintech Advisor | Total investments: 0 | Find email | |
Eddy Ogbogu
Executive Director, Head of Operations and Technology
|
Executive Director, Head of Operations and Technology | Total investments: 0 | Find email | |
Evelyne Tall
Deputy Group Chief Executive Officer / Chief Operating Officer / Group Executive Director
|
Deputy Group Chief Executive Officer / Chief Operating Officer / Group Executive Director | Total investments: 0 | Find email | |
| See all 9 team members → | ||||
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| China Energy Engineering Corporation is the solutions providers for the power industry across the world. It also enables to provide customers with one-stop integrated solutions and full life-cycle project management services. They offer survey and design services for large-scale power generation projects covering grid projects, power sources, andconsultancy services including evaluation, supervision of power projects, policy consultation, and assessment.The company sell and manufactures civil explosives and cement and provides blasting services for projects. It also operates power plants and other infrastructure projects such as environmental protection projects, highways, and water conservancy projects.China Energy Engineering Corporation was named The Top 150 Global Design Firms” in 2015 for their design business and 15th among “The Top 250 Global Contractors” in 2014 for their contracting businesses respectively by ENR.China Energy Engineering Corporation was established on December 19, 2014, and is headquartered in Chaoyang District, Beijing, China. | $766.8M / Debt Financing / Jun 01, 2026 | ||
| Engineers & Planners conducts contract mining services with expertise in mining environments. | $205M / Debt Financing / Feb 26, 2026 | ||
| Sococim Industries specialises in cement production. | $256.8M / Debt Financing / Feb 27, 2023 | ||
| OKO uses satellite information to define risk and create insurance products for farmers in emerging markets. They use mobile technologies to distribute insurance, collect premiums, help farmers and pay claims. | $12K / Grant / Dec 17, 2021 | ||
| An Investment app which aims to make the process of finding and selecting investments — specifically Cryptocurrencies , Stocks & Bonds— easy and approachable for beginners. With Trove You’ll find stock from public companies from the Nigeria and the U.S (In View) , as well as various bonds, 10 cryptocurrency assets and mutual funds. From thekyc & sign up process to the range of financial assets offered by the Trove platform , down to payment and buying and selling & a display of a personalized news feed of finance headlines about the stocks & assets you trade. Trove makes the whole process around micro investing seamless from start to finish | $15K / Grant / Dec 17, 2021 | ||
| Motito promotes financial inclusion and increased access to credit across Africa. Their mobile shopping app provides convenience and a tailored-to-you payment plan. | $10K / Grant / Dec 17, 2021 | ||
| SEPHIS Foundation is an advocates for better living conditions and the empowerment of people who are considered to be in the minority, particularly girls and women, to take charge of their own social and economic circumstances. Thus, it sheds light on young people's perspectives and opinions on issues concerning their participation andempowerment. | $1.8M / Grant / Aug 17, 2021 | ||
| SMILE Telecoms is a broadband provider company. Founded in 2007, Smile Telecoms says it has more than 300 million potential customers in Nigeria, Tanzania, Uganda, and the DR Congo. Internet penetration in all four of Smile’s markets is still low so increasing the availability of speedy mobile connections can help more people go online, especiallywhen combined with increased smartphone ownership. | $315M / Debt Financing / Sep 08, 2015 | ||
| Golden Star is an established gold mining company operating in Ghana since 1999. Golden Star holds a 90% interest in the Bogoso and Wassa open-pit gold mines, both situated within the prolific Ashanti Gold Belt. The Company is strategically focused on growing its operating margin through shifting production to lower cost ore ounces. | $25M / Post-IPO Debt / Sep 11, 2014 |
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FAQ
What does Ecobank invest in?
Ecobank invests primarily in FinTech, Finance and Mining Technology startups, most often at Grant and Debt Financing stage. Most of the 9 investments tracked by Shizune back companies in Ghana. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Ecobank?
Public channels for Ecobank include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Ecobank?
The team at Ecobank includes Jeremy Awori (Group Chief Executive Officer), Dayo Orimoloye (Group Chief Risk Officer) and Djiba Diallo (Senior Fintech Advisor), among 9 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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