ECOWAS Bank for Investment and Development launches its maiden edition of the ECOWAS Investment Forum (EIF) 2024

ECOWAS Bank for Investment and Development launches its maiden edition of the ECOWAS Investment Forum (EIF) 2024

The ECOWAS Bank for Investment and Development (EBID) has officially launched its maiden edition of the ECOWAS Investment Forum, a pivotal platform for development partners and stakeholders to converge and highlight investment opportunities across key sectors of ECOWAS Member States. Organised in partnership with the Government of the Republic of Togo and the Government of […]

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86th EBID Board Meeting approves investments in Trade and Food Security

86th EBID Board Meeting approves investments in Trade and Food Security

The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) approved a total of USD 70 million and XOF 14.030 billion to boost trade and agribusiness in West Africa during its 86th meeting held on 21st December 2023. The USD 70 million facility will go towards trade finance and private sector promotion […]

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President of EBID named one of the 100 personalities transforming Africa 2023

President of EBID named one of the 100 personalities transforming Africa 2023

The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Donkor, has once again been recognized as one of the 100 personalities transforming Africa by Financial Afrik, a leading business news magazine. The annual ranking, now in its ninth year, highlights influential individuals for […]

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Message from the President of EBID on International Anti-Corruption Day (December 9, 2023)

Message from the President of EBID on International Anti-Corruption Day (December 9, 2023)

On the day set aside by the United Nations to commemorate the international fight against corruption, a powerful call to action can be found in this year’s theme “Uniting the world against corruption”. By diverting already scarce resources, corruption hinders direct financing of projects and programmes, while simultaneously raising additional costs that governments and private […]

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The ECOWAS Bank for Investment and Development extends EUR 30 million to support the agricultural sector in Côte d’Ivoire

The ECOWAS Bank for Investment and Development extends EUR 30 million to support the agricultural sector in Côte d’Ivoire

The ECOWAS Bank for Investment and Development (EBID) extended a line of credit totaling EUR 30 million to MANSA Bank in a ceremony held in Abidjan, Côte d’Ivoire on December 6, 2023. This facility which is exclusively dedicated to SMEs/SMIs operating in the agricultural value chain, will support agribusiness in various ways including transport, storage […]

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EBID extends USD 50 million to WEMA Bank Plc to support agro-industry in Nigeria

EBID extends USD 50 million to WEMA Bank Plc to support agro-industry in Nigeria

The ECOWAS Bank for Investment and Development (EBID) has signed an agreement with WEMA Bank Plc, Nigeria providing a USD50 Million line of credit to support Small and Medium Enterprises (SMEs) in the agro-business sector in the Federal Republic of Nigeria. The signing ceremony took place on November 20th, 2023, at the Bank’s Headquarters in […]

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EBID and Saudi Exim Bank sign $25 Million Loan facility

EBID and Saudi Exim Bank sign $25 Million Loan facility

On the sidelines of the recently concluded Saudi-Arab-African economic conference in Riyadh, Saudi Arabia, Saudi Exim Bank and the ECOWAS Bank for Investment and Development (EBID) signed a loan agreement for $25 million on November 9th, 2023. EBID was represented by the Vice-President in charge of Finance and Corporate Services, Dr Mabouba Diagne. The facility […]

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EBID signs XOF 65 billion loan agreements with the Government of the Republic of Senegal to enhance infrastructure development and trade

EBID signs XOF 65 billion loan agreements with the Government of the Republic of Senegal to enhance infrastructure development and trade

Dr George Agyekum Donkor, President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), and His Excellency Doudou Ka, Minister for Economy, Planning and Cooperation of the Republic of Senegal and Governor of EBID for Senegal, have signed two loan agreements granting a total of XOF 65 billion […]

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