Abu Dhabi, June 28 – Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the ECOWAS Bank for Investment and Development (EBID), whereby a line of credit of US$20 million will be opened between the two entities that will enhance strategic cooperation, leading […]
The Consortium, comprising IMPAXIS, Lead Arranger and Lead Bookrunner and Coris Bourse and Ecobank, respectively Co-Arranger and Co-Lead Bookrunner, is pleased to inform the market of the early closing of the bond issue named “EBID 5.90% – 2022-2029”. The FCFA 120 billion transaction is the largest bond issue launched by a non-sovereign issuer since the […]
‘’The ECOWAS Bank for Investment and Development (EBID) and the Consortium composed of IMPAXIS, CORIS Bourse and EDC Investment Corporation are pleased to announce the early closing at the end of the second day of the bond issue by public offering called “EBID 5.90% 2022-2029”. This early closing marks a new milestone on our Regional […]
The Economic Community of West African States (ECOWAS) was established on 28 May 1975 to promote cooperation and economic integration among its member states. The underlying aim was to raise the standard of living of the people within the region. It has been 47 years now and we can look back and count numerous positive […]
During his recent visit to the Republic of Cabo Verde, the President of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Donkor, delivered a goodwill message at the International Conference of the ECOWAS Court of Justice held in Praia on May 9, 2022, to discuss the legal climate in the Community. He […]
The President of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Donkor, led a delegation of the Bank on a working visit to Cabo Verde from May 6 to May 10, 2022. He was received at the Presidency by His Excellency the President of the Republic of Cabo Verde, Mr. Jose Maria […]
The commemoration of May Day, also known as International Workers Day, gives us all the opportunity to honour and recognise the momentous role of workers and organised labour movements across the globe in their quest to deliver optimum productivity whiles ensuring the provision of motivating working conditions. It is apt therefore that the International Labour […]
Fitch Ratings – Paris – 20 Apr 2022: Fitch Ratings has revised the Outlook on Banque d’investissement et de developpement de la CEDEAO’s (EBID) Long-Term Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at ‘B’. Key Rating Drivers Reduced Pressure on Solvency: The Outlook revision primarily reflects the reduction in our […]
