MONOKROMATIK INTELLIGENCE · VALUE AN ASSET

Ecobank (ETI)

Banking · Ownership 100 · #33

Value-capture verdict

CONTESTED

Ownership genuinely still in play.

Owned by

Nkontchou (Bosquet) / QNB / Arise · Cameroon / Qatar / pan-African

Mixed ownership

The read

A pan-African bank headquartered in Togo whose ownership shifted in Dec 2025: Nedbank sold out, the Cameroonian investor Alain Nkontchou became the largest holder (~24%), with QNB and Arise behind him.

Ownership 100

The full Scorecard unlocks

The four-axis decode — idea, authorship, execution, consequence
Named-rival benchmarks in the category
A roadmap to move the number
The full value-capture breakdown, sourced

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