In a move to bolster private sector growth and support Small and Medium-sized Enterprises (SMEs) in Côte d’Ivoire, the ECOWAS Bank for Investment and Development (EBID) has approved a XOF 10 billion (approximately USD 16.3 million) line of credit to the Banque Sahélo-Saharienne pour l’Investissement et le Commerce (BSIC-CI SA). The agreement was formalised during […]

The ECOWAS Bank for Investment and Development (EBID) has reaffirmed its dedication to fostering socio-economic development through education, with a recent investment of USD 67,472 in infrastructure development at Kwanyako Technical High School in the Central Region of Ghana. The project was undertaken as part of EBID’s Corporate Social Responsibility (CSR) initiative, which prioritizes improving […]

The ECOWAS Bank for Investment and Development (EBID) has approved a total funding package of FCFA10 billion and €40 million to support the development of SMEs and SMIs in Côte d’Ivoire. This commitment was made during the 90th ordinary meeting of its Board of Directors, held on Thursday, December 19, 2024, via videoconference. The meeting […]

In a landmark achievement, the Advisory Board of the African Sustainability Awards in partnership with United Nations Educational, Scientific and Cultural Organization (UNESCO) has selected the ECOWAS Bank for Investment and Development (EBID) as the winner of the Financial Institution of the Year – Africa category at the Africa Sustainability Awards. The award will be […]

The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, has highlighted the importance of Development Finance Institutions (DFIs) in expanding capital to finance economic growth. He made the remarks during a series of public lectures on the topic “Shaping Africa’s Development Finance […]

The Bourse Régionale des Valeurs Mobilières (BRVM), the stock exchange serving the eight States of the West African Economic and Monetary Union (WAEMU), has admitted the “GSS Bond BIDC-EBID 6.50% 2024-2031” issued by the ECOWAS Bank for Investment and Development (EBID) to its listings.  The admission was commemorated by a symbolic bell-ringing ceremony held at […]

Commerzbank and the ECOWAS Bank for Investment and Development (EBID) have signed an ECA (Export Credit Agency)-backed facility of EUR 58.5 million on October 26, 2024, in Washington DC, USA. Ms Brigitte Rethier, Divisional Board Member, Head of Institutional Clients and Transaction Banking Sales and Dr. George Agyekum Donkor, President and Chairman of the Board […]

Dr. George Agyekum Donkor, President and Chairman of the ECOWAS Bank for Investment and Development (EBID), has highlighted the transformative potential of the African Continental Free Trade Area (AfCFTA) during his address at the 2024 Rebranding Africa Forum in Brussels. With intra-African trade at approximately 16% and intra-ECOWAS trade even lower at under 12%, Dr. […]

The second edition of EBID’s President’s Roundtable on “Road-mapping Infrastructure Development in ECOWAS” will take place on 5th November 2024 at 11:00 am GMT. Dr George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, will be joined by other leading development experts in the sub-region to discuss and share their collective experiences […]

The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, signed a loan agreement granting a line of credit in the amount of EUR 20 million to the Bank of Commerce and Industry of Guinea (BCI Guinée). This loan facility will be used […]