PUTTRU Technologies Limited and ECOWAS Bank for Investment and Development Sign Partnership Deal to Promote Growth and Development of Energy Sector Projects in West Africa

PUTTRU Technologies Limited and ECOWAS Bank for Investment and Development Sign Partnership Deal to Promote Growth and Development of Energy Sector Projects in West Africa

On 24 November 2020, the ECOWAS Bank for Investment and Development (EBID) and PUTTRU Technologies Limited signed a memorandum of understanding (MoU) to jointly implement the “Closing the Investment Gap in West Africa’s Energy Sector” project. Under this MoU, EBID and PUTTRU Technologies Limited will cooperate and collaborate to increase private sector financing towards accelerating […]

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The International Fertilizer Development Center (IFDC) and EBID Collaborate to Improve Soil Health in West Africa

The International Fertilizer Development Center (IFDC) and EBID Collaborate to Improve Soil Health in West Africa

On December 4, 2020, IFDC signed a Memorandum of Understanding (MoU) with the ECOWAS Bank for Investment and Development (EBID) to collaborate in improving soil health and plant nutrition in West Africa. This mutual collaboration between IFDC and EBID will engender multifaceted programs with the sole purpose of promoting growth and development of the agricultural […]

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EBID President’s Working Visit to Burkina Faso

EBID President’s Working Visit to Burkina Faso

As part of his working tour of ECOWAS Member States as part of  enhancing EBID’s resource mobilization initiatives in the region and also promoting the Bank’s activities after assumption of duty on February 3, 2020, the President of EBID, Dr. George Agyekum Donkor paid a working visit to Burkina Faso from Tuesday, October 13 to […]

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EBID holds 69th Board Meeting, approves us$50m line of credit for Consolidated Bank Ghana (CBG) Ltd, and €13.005m co-financing for King Air 350 ER aircrafts in Cote d’Ivoire

EBID holds 69th Board Meeting, approves us$50m line of credit for Consolidated Bank Ghana (CBG) Ltd, and €13.005m co-financing for King Air 350 ER aircrafts in Cote d’Ivoire

The 69th meeting of the Board of Directors of EBID was held via zoom on September 30, 2020. Two (2) projects were approved for financing. The first was a private sector project specifically, a line of credit in the amount of Fifty Million United States dollars (US$50m) for Consolidated Bank Ghana (CBG) Ltd, to enhance […]

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EBID Supports ORAGROUP with €50m Line of Credit for SMIs and SMEs

EBID Supports ORAGROUP with €50m Line of Credit for SMIs and SMEs

On September 22, 2020 the President of the ECOWAS Bank for Investment and Development (EBID), Dr. George Donkor, signed a line of credit agreement in the amount of Fifty Million Euros ((€50m) with ORAGROUP represented by the Chief Executive Officer, Mr. Ferdinand Ngon Kemoum. The facility is for the financing of SMIs and PMEs in […]

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UN Special Envoy Visits EBID

UN Special Envoy Visits EBID

On August 19, 2020, the United Nations Special Representative of the Secretary-General, for West Africa and the Sahel who is also Head of the United Nations Office for West Africa (UNOWAS), Dr.  Ibn Chambas, was received by the President of EBID, Dr. George Agyekum Donkor, and key Management personel at the headquarters of the Bank […]

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Dr. Donkor Visits EBID Private Sector Project in Kumasi

Dr. Donkor Visits EBID Private Sector Project in Kumasi

On August 6, 2020 the President of EBID, Dr. George Agyekum Donkor, paid a working visit to an ongoing EBID private sector infrastructure project, the Garden City Mall Ltd. in Kumasi. The project aims to boost the economic activities and job creation opportunities in Ghana. The facility is 75% completed and comprises a shopping mall, […]

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