Grace Ashiru
Ecobank Group, a major pan-African financial services organization, and American Express have announced an agreement to significantly expand the acceptance of American Express Cards across twenty-one African countries.
As part of this arrangement, American Express Card Members will now be able to use their cards in twelve new nations: the Central African Republic, Gabon, Guinea-Bissau, Liberia, Malawi, Mali, Niger, São Tomé and Príncipe, Sierra Leone, The Gambia, and Togo.
Retailers in nine nations will also experience an increase in the number of businesses accepting American Express Card payments: Cape Verde, the Democratic Republic of the Congo, Equatorial Guinea, Ghana, Nigeria, the Republic of Congo, Rwanda, Tanzania, and Uganda.
This arrangement will broaden the range of Sub-Saharan African locations where American Express Card Members can utilize their cards, thereby enhancing the company’s global network. Furthermore, it will provide businesses with access to a new clientele consisting of American Express consumer, commercial, and corporate Card Members across Africa and around the globe.
“We are delighted to welcome American Express to our network, reinforcing our commitment to offering innovative payment solutions for customers across Africa,” said Jeremy Awori, CEO of Ecobank Group. “This agreement will benefit American Express Card Members by providing them with greater choice and will help merchants grow their businesses. It also highlights the scalability of Ecobank’s unrivaled borderless banking ecosystem and network across Africa.”
Mohammed Badi, President of Global Network Services at American Express, remarked, “This agreement with Ecobank is a significant milestone for American Express acceptance across Africa. It will increase our presence in sub-Saharan Africa from 30 countries to 42. With Ecobank’s support, we anticipate offering merchants in these nations access to higher-spending American Express Card Members both within Africa and globally.”
The Growth, Transformation, and Returns strategic objective of Ecobank aligns with this partnership.
Ecobank is dedicated to offering innovative and user-friendly financial solutions to its retail customers throughout Africa via its unified banking platform.
