Ecobank and Xtransfer partner to streamline cross-border payments for African SMEs
XTransfer and Ecobank Group have formed a partnership to streamline international transactions for SMEs across Africa. The partnership aims to reduce high transaction costs and foreign exchange complexities faced by African businesses.
China’s B2B Trade Platform Partners with Ecobank to Support African SMEs
XTransfer and Ecobank Group sign MOU for cross-border financial services. Bilateral trade between China and Africa projected to reach US$282 billion in 2023.
Ecobank & American Express to Broaden Card Reach in Africa
Ecobank Group and American Express have agreed to increase the acceptance of American Express Cards in 21 African countries. 12 new nations, including Central African Republic and Sierra Leone, will now accept American Express Cards.
Cameroonian startup Koree wins $50k top prize at Ecobank Fintech Challenge
Cameroonian fintech startup Koree has won US$50,000 in cash after winning top prize at the annual Ecobank Fintech Challenge. Koree's card wallet payment solution that digitizes merchant payments was recognized for its innovation.
