Ecobank Zimbabwe today officially opened its new Head Office in Borrowdale, Harare, marking a significant investment in Zimbabwe’s financial sector and reinforcing Ecobank’s long-term commitment to supporting Zimbabwean financial prosperity, businesses, trade and the economic growth of the country.
The landmark ceremony was attended by His Excellency, the President of the Republic of Zimbabwe, Cde. Dr. E. D. Mnangagwa, senior Government officials, Ecobank Group leadership, regulators, business leaders and distinguished guests.
It comes as Ecobank marks 40 years since its founding and 15 years of operations in Zimbabwe. The new headquarters reflects the Group’s ambition to deepen the role of its Pan-African network in connecting Zimbabwean businesses to opportunities across the continent and beyond.
Purpose-built to support modern banking operations, the facility integrates sustainability, digital capability and customer-focused service delivery.
His Excellency, the President of the Republic of Zimbabwe, Cde. Dr. E. D. Mnangagwa, said the building is “a testament to the resilience of our economy and the unwavering confidence that the international financial community has in the Vision of the Second Republic”.
He added that the headquarters “showcases Ecobank’s confidence in Zimbabwe’s growing economy and a viable business environment,” and commended the institution for demonstrating that “Nyika inovakwa nevene vayo – a country is built by its own people”.
The President also praised the quality of local execution, noting that the project was delivered by Zimbabwean professionals and stands as “a monument to local capability”.
Ecobank Group Chairman, Mr. Papa Ndiaye, described the opening as “a statement of confidence in Zimbabwe’s future,” adding that it reflects the bank’s belief in “the resilience, creativity, and determination of Zimbabwe’s people”.
Ecobank Group Chief Executive Officer, Mr. Jeremy Awori, said “Our investment in the new Head Office reflects our confidence in Zimbabwe and our commitment to the businesses and communities we have served for the past fifteen years”. He also highlighted Ecobank Zimbabwe’s growth since entering the market in 2011, its contribution to financial inclusion and trade facilitation, and its continued focus on innovation, investment and shared prosperity.
Mr. Awori noted that Zimbabwe has an important role to play in Southern Africa’s economic future, and “our pan-African network gives us a unique ability to connect businesses here with markets, partners and opportunities across the continent”.
Ecobank Zimbabwe Managing Director, Mr. Moses Kurenjekwa, said the new headquarters reflects the bank’s ambition to “continue delivering world-class banking solutions while supporting national development priorities’’. He added that the bank’s performance has been built on “the trust of our customers, the support of our regulators, and the dedication of our employees’’.
The Minister of Finance and Economic Development, Hon. Prof. Mthuli Ncube, said the commissioning of the building is “a powerful symbol of progress” as Zimbabwe transitions from the stabilisation phase of NDS 1 to the transformative phase of NDS 2 (2026–2030). He said a strong banking sector is essential to structural transformation, industrialisation and value addition.
The Minister of Provincial Affairs and Devolution for Harare Metropolitan Province, Hon. Sen. Charles Tavengwa, said the development is “a powerful vote of confidence in Harare’’ and praised the project as “devolution in action,” highlighting the use of local architects, engineers and construction teams.
The new headquarters includes sustainability features such as solar-control glazing, rainwater harvesting, energy-efficient systems and materials aligned with environmentally responsible building standards. The project reflects Ecobank’s commitment to sustainable development and modern banking infrastructure.
Ecobank Zimbabwe continues to support women-led enterprises, youth empowerment, trade finance, financial inclusion and community development through initiatives including our gender financing programme, “Ellevate by Ecobank” and our, the Ecobank Trade Hub, a matchmaking platform for businesses across markets.
The official opening marks a significant milestone for Ecobank Zimbabwe and reaffirms its role as a future-focused financial institution committed to Zimbabwe’s economic transformation.