Ecobank Transnational Incorporated

In brief

Finnfund has invested 15 million US dollars in a Nature Bond issued by Ecobank Transnational Incorporated (ETI), marking the first issuance of its kind by a commercial bank in Africa. The bond will mobilise up to USD 450 million to finance sustainable agriculture, biodiversity and water infrastructure across sub-Saharan Africa. The financial instrument is aligned with the International Capital Market Association’s (ICMA) Nature Bond framework, launched in 2025. Ecobank is a leading pan-African banking group operating in 34 countries and serving more than 30 million customers. Finnfund has been a long-term partner since 2017, and the current investment represents its eighth transaction with the bank. In addition to development impact, the investment contributes to European and Finnish strategic objectives by strengthening sustainable financial systems and opening opportunities for collaboration with Finnish companies. Ecobank already collaborates with Finnish technology company Tieto as a retail payments solution provider. The investment contributes to Finnfund’s goal of mobilising private capital for sustainable development.

Main development impact

The proceeds of the bond will be used to finance and refinance loans to sectors such as sustainable agriculture, food processing and water infrastructure. By strengthening agricultural value chains and promoting sustainable land use, the investment supports food security and reduces pressure on ecosystems across the continent. This investment is part of Finnfund’s broader focus on safeguarding biodiversity and staying within planetary boundaries. Healthy ecosystems underpin resilient food systems, economic stability and long-term development, yet global biodiversity loss continues at an unsustainable pace.

Investment details

Name: Ecobank Transnational Incorporated
Project number: 80000047
Region: Africa
Country: Togo
Sector: Financial institutions
Signing date (month/year): May 2026
Currency: USD
Finnfund's financing (commitment): 15,000,000
Instrument: Mezzanine
Jurisdiction of registration: Togo
Size of the project financing: 450,000,000
Share of Finnfund's financing (%): 3.3
Status: Active
Website: https://ecobank.com

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.

Other investments

Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument
Ecobank Transnational Incorporated Togo January 2026 USD 19,000,000 Loan

Key facts

Name:

Ecobank Transnational Incorporated

Sector:

Financial institutions

Region:

Africa

Country:

Togo

Currency:

USD

Finnfund's financing (commitment):

15,000,000

Signing date (month/year):

May 2026

Last update:

September 2026