Ecobank Advises Nigerian Businesses To Take Advantage Of Its Single Market Trade Hub

Over 4000 Businesses Already Connected From 33 Countries

 

Ecobank Nigeria has advised Small and Medium Enterprises (SMEs) as well as large businesses within the country to take quick advantage of its Single Market Trade Hub to connect their businesses to others within the continent.

According to the bank, over 4000 businesses in 33 countries are already connected and are benefiting from the synergies that the hub provides. 

The Ecobank Single Market Trade Hub is a cutting-edge digital platform designed to respond to the evolving trading needs of SMEs and corporates within Africa’s single market.

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The hub, which is live, connects traders across Africa, within the 1.4 billion-people single-market framework of the African Continental Free Trade Area (AfCFTA).

The hub also serves as an exchange and information repository for cross-border commerce.

Speaking in Lagos, Executive Director, Commercial Banking, Kola Adeleke said the Ecobank Single Market Trade Hub provides a gateway to explore and access continental trade opportunities across Africa, and that the bank has invested in making the platform more convenient to use through digital customer onboarding and more cost effective through access to better pricing.

“African Continental Free Trade Area (AfCFTA) has created an immense opportunity for African businesses, and as the pan-African bank with the most extensive coverage of Africa, Ecobank is perfectly placed to provide trade, information and payment solutions to support SMEs and corporates seeking to capitalise on the single market”. He stated. 

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