Ecobank Senegal is launching an enriched version of its “Elver by Ecobank” program, initially focused on the financing of female SMEs. Now more ambitious and inclusive, it offers financial and non -financial solutions to all Ecobank customer segments. Launched in Senegal in September 2021, Ellever offers reduced rate loans, training and easy access to markets. In partnership with WIC Capital in 2022, a billion FCFA was mobilized. The program experienced significant growth in Senegal, from 529 customers in 2021 to 2037 in 2024, with 26 billion FCFA funding granted to 879 clients and 522 women formed.
Ecobank Senegal reaffirmed its commitment to the economic empowerment of women by launching Wednesday April 30, 2025, in Dakar, the enriched version of its flagship program Ellever. This Pan-African initiative, now strengthened, aims to provide holistic support that is both financial and non-financial to all women entrepreneurs, which they evolve in the informal sector or lead large companies.
We are the first world banking group to have 33 countries of presence in Africa. We have a network that we open to all of these women there to allow them to be able to sell on the whole continent but also to put themselves in partnership with the counterparts of other African countries for trade but also and above all partnerships.
The director of the Development and Supervision Agency for small and medium -sized enterprises in Senegal. (Adepme) praised this initiative by Ecobank Senegal, stressing the importance of uniting the efforts of public and private actors to promote female entrepreneurship.
We congratulate Ecobank for these initiatives which she gradually launches with innovation towards women. At the level of the Adepme, we have precisely to support women the We For Linguère concept which aims to enhance, to bring together all the projects towards women entrepreneurs and ELLAVE will be part of the We for Linguère program.
Sahid Yallou, Managing Director of Ecobank – Senegal
Doctor Fatou Touré, who took advantage of the Ellever program, demonstrated in a concrete way the beneficial influence of this approach on his work. The Ellever program offered him the opportunity to grow his business and reach new heights.
I have been a client of Ecobank for more than 20 years and at the end of the COVID 13 I had to do a retraining in the production of minerals and vitamins for animals. So she is in a first phase accompanied me to buy inputs, premixes to be able to make these vitamins here has been surprised in Senegal.
-Marie Rose Faye, Director General of Adepma
The ELLOVER program had a notable impact on female entrepreneurship in Senegal, with an increase in the number of customers of 529 in 2021 to 2037 in 2024. During this period, 26 billion FCFA were allocated to funding at 879 clients and 522 women received training to develop their entrepreneurial skills.
I have been a client of Ecobank for more than 20 years and at the end of the COVID 13 I had to do a retraining in the production of minerals and vitamins for animals. So she is in a first phase accompanied me to buy inputs, premixes to be able to make these vitamins here has ahead of Senegal in Senegal.
Fatou Touré, clinician and beneficiary of the Insover program
The ELLOVER program had a notable impact on female entrepreneurship in Senegal, with an increase in the number of customers of 529 in 2021 to 2037 in 2024. During this period, 26 billion FCFA were allocated to funding at 879 clients and 522 women received training to develop their entrepreneurial skills.
