Ecobank successfully listed a $450 million sustainable agriculture and nature capital bond on the London Stock Exchange, attracting 3.9 times oversubscription to mobilize capital for Africa's sustainable development in agriculture, forestry, and water sectors.
Ecobank launched a $450 million Nature Bond on the London Stock Exchange, attracting $1.36 billion in investor demand to finance sustainable agriculture and water systems protecting African ecosystems, addressing Africa's biodiversity funding gap of receiving less than three percent of global nature finance despite hosting twenty-five percent of global biodiversity.
African banks' combined Tier-1 capital lags a single US bank, constraining their infrastructure financing capacity, requiring blended finance approaches involving development institutions and domestic capital mobilisation to unlock continent-wide projects.