Ecobank Group partly owned by Cameroonian banker Alain Nkontchou, has secured a 10 million 12 million trade finance guarantee from Proparco. With an emphasis on enhancing access to raw materials in Chad, the deal seeks to expand trade and small business financing throughout Africa.
Ecobank, Proparco partner to boost Chads food security
The deal was signed on the opening day of the Africa Financial Summit 2025 as part of the Food Agriculture Resilience Mission FARM initiative launched in 2022 by France, the European Union, the G7, and the African Union. The move will improve food security in vulnerable countries and also support trade and production systems across the continent.