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Ecobank bets big on Africa’s agriculture sector

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Ecobank is setting its sights on Africa’s vast but underfunded agriculture sector after reporting its fastest revenue growth in a decade. The Pan-African lender’s earnings surged 18% year-on-year to $1.8 billion in the first nine months of 2025, driven largely by a 43% jump in corporate and investment banking. To build on this performance, the bank is now rolling out an agriculture strategy focused on specific crops and countries, with agronomists hired to guide the effort. Agriculture, which accounts for roughly a third of Africa’s output but receives less than 5% of total bank lending, offers a major growth opportunity. According to Ecobank’s CEO, the diversification aims to sustain growth as interest rates stabilize across the continent.

SEMAFOR   

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