The ECOWAS Bank for Investment and Development (EBID) and CORIS Bank International Côte d’Ivoire have extended a loan facility in the amount of EUR 58 million to Atlantic Cocoa Corporation in the Republic of Cote d’Ivoire. This syndicated facility, which was approved during the 89th Session of the Board of Directors of the Bank on […]

The Board of Directors of the ECOWAS Bank for Investment and Development (EBID), at its 89th Ordinary Session, approved investments totalling EUR 61 million and USD 100 million to stimulate the infrastructure, trade and sustainable development sectors in West Africa. The session was held on October 1, 2024, at the Bank’s headquarters in Lomé, Togo, […]

The ECOWAS Bank for Investment and Development (EBID) has signed a €20 million Wakala Framework Agreement (loan agreement) with MANSA BANK to support private enterprises in key sectors, including agriculture, agro-industry, services, renewable energy, education and health in Côte d’Ivoire. This financing extended to MANSA BANK aims to stimulate sustainable growth, promoting private sector development, […]

The Consortium comprising IMPAXIS, Lead Arranger and Leader, Coris Bourse and EDC Investment Corporation, respectively Co-Arranger and Co-Leader, is delighted to inform the market of the early closing of the ‘GSS BIDC-EBID 6.50% 2024 -2031’ bond. This FCFA 70 billion transaction is a ground-breaking innovation in the regional public offering market, as it is the […]

Dr George Agyekum Donkor, President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), received His Excellency Sanjiv Tandon, Ambassador of the Republic of India to Togo, for a courtesy visit at the Bank’s headquarters in Lomé. Dr Donkor lauded the long-standing partnership between India and EBID, highlighting […]

The Honorary President of the Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID), Dr George Agyekum Donkor, has urged DFIs and Exim banks to take proactive measures to support trade diversification and infrastructure development. According to Dr Donkor, strategic investments in key sectors can build resilient economies capable of withstanding global shocks. He, […]

The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 88th Ordinary Session on July 11, 2024. During this session, the Board approved a total of XOF 117.4 billion and USD 62.7 million for four public sector projects in the areas of commerce, infrastructure and rural development. For the private […]

The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, received a courtesy visit from the Egyptian Ambassador to Togo, His Excellency Ahmed Mohamed Eid Moustapha Ahmed, on Thursday, July 4, 2024, at the Bank’s headquarters in Lome, Togolese Republic. Dr Donkor began […]

The ECOWAS Bank for Investment and Development (EBID) and the EU-Africa Chamber of Commerce (EUACC) have signed a Memorandum of Understanding (MOU) aimed primarily at resource mobilisation, project financing and technical cooperation for the benefit of ECOWAS Member States. The MOU, which was signed on June 28, 2024, at the 36th Annual Session of the […]