Africa: Ecobank Group Plans $500m Elevate to Refinance Debt

East African

Africa: Ecobank Group Plans $500m Elevate to Refinance Debt

Ecobank Transnational Integrated (BRVM: ETIT) is getting ready to boost $500 million via a subordinated debt challenge because it strikes to refinance a part of its stability sheet forward of a regulatory deadline in June 2026. The Lomé-based lender plans to make use of the proceeds to train a name choice on about $350 million…

East African

Africa: Nedbank Earnings Rise 2 P.c After Ecobank Exit and Transnet Settlement

afrovibetv.com3 months ago05 mins

Nedbank Group reported a 2% enhance in headline earnings to R17.2 billion for the yr ended Dec. 31, 2025, because it accomplished the sale of its Ecobank stake and settled a dispute with Transnet. Diluted headline earnings per share rose 3% to three,628 cents. Return on fairness eased to fifteen.4% from 15.8%. The financial institution…