Ecobank Ghana and Anglophone West Africa have signed a strategic partnership agreement with Mantrac Ghana to provide flexible equipment financing solutions for businesses across the country.
The partnership, announced at a signing ceremony in Accra, is aimed at enabling businesses in key sectors to access world-class Caterpillar equipment while preserving working capital and supporting business growth.
Speaking at the event, Regional Head of Corporate and Investment Banking at Ecobank Ghana and Anglophone West Africa, Henry Ampong, said the partnership was designed to address a major challenge facing businesses — access to financing for critical equipment needed to expand operations.
“This partnership is aimed at providing flexible equipment financing solutions to enable businesses across key sectors, including mining, construction, agriculture, and manufacturing, to access world-class Caterpillar equipment while preserving working capital and supporting business growth,” he said.
Mr. Ampong added that Ecobank’s role will be to structure financing options that make it easier for SMEs and large corporates to invest in productivity-enhancing equipment without straining their cash flow.
On his part, Managing Director of Mantrac Ghana, Pierre Hill, described the collaboration as a key milestone for the company.
“This collaboration is very meaningful. Partnering with Ecobank is a key milestone, something we will not take for granted. Our objective is to help the economy of Ghana,: he stated.
Mr. Hill noted that Mantrac, as the authorized dealer for Caterpillar in Ghana, will ensure businesses have access to reliable equipment, after-sales service, and technical support.
Industry players say the partnership comes at a crucial time as businesses seek capital to scale operations amid rising costs and the need for mechanization in agriculture, mining, and construction.
Both Ecobank and Mantrac say they expect the facility to drive job creation, increase productivity, and contribute significantly to Ghana’s economic growth.
