The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 27th session on Friday 18 December 2009 in Accra, at the M-PLAZA Hotel.

A loan agreement relating to the partial financing of the Linguere-Matam road project was signed in Lome on Thursday 24 September 2009 between the EBID, represented by its President, Mr Christian ADOVELANDE, and the Government of Senegal, represented by the Minister of State at Ministry of Finance and Economic Planning, Mr Abdoulaye Diop.

The Organisation Internationale de la Francophonie (OIF) and the EBID have agreed to increase the capital of the Cultural Industries Guarantee Fund to €1 300 000 and to extend its coverage to the fifteen Member States of the Economic Community of West African States * (ECOWAS), eleven of which are members of OIF.

EBID has granted a loan in an amount of FCFA 2.8 billion to Access Oil. The financial assistance represents 60.42% of the total cost of the project involving the transportation and distribution of petroleum products in Burkina Faso.

The seventh Ordinary Meeting of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID) was held on Tuesday, 30 June 2009 at Hotel Tiama, Abidjan.

The current meeting is taking place within a global context marked by the economic meltdown engendered by the international financial crisis. On this issue, all experts have agreed that this crisis will have a significant impact on the African economies. (Abidjan, 30th June 2009)

During the 2008 financial year, eighteen (18) loans were approved in the amount of UA 117.5 million (or about CFA F 85 billion) as well as seventeen agreements for projects financing were signed for an amount of UA 102 or CFA F 78 billion, which brings the volume of our commitments to UA 384.7 million or CFA F 289 billion. (Abidjan, 30th June 2009)

By putting in place management tools, notably the policies on Good Governance, Gender, after the one relating to Environment and Sustainable Development, the Manual for the Provisioning for Bad Debts and the Manual of Procedure for the Rating of Enterprises, the Bank has confirmed its readiness to... (Abidjan, 30th June 2009)

During our term of chairmanship of the Board of Governors of EBID, we shall mainly aim at supporting our Institution in its efforts of mobilizing resources both within and outside the Community in order to enable it have all forms of resources... (Abidjan, 30th June 2009)

The twenty fifth Ordinary Meeting of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID) was held this Friday, 26th June 2009 at Hotel Tiama, Abidjan, Côte d’Ivoire. (Abidjan, 26th June 2009)