The 21st Annual General Meeting of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has unanimously appointed the Minister of Planning and Development of the Republic of Côte d’Ivoire, Mrs. Nialé KABA, as the new Chairperson of the Board of Governors of EBID. She takes over from the Vice Prime […]
Dr George Agyekum Donkor, President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID) recently conferred degrees on graduands during the 2023 graduation ceremonies of the University of Ghana. The University of Ghana, which is celebrating its 75th anniversary this year under the theme “Nurturing Resilience: Adopting Technology, […]
The ECOWAS Bank for Investment and Development (EBID) has been awarded an A+ rating in the 12th Peer Review of African DFIs with the Performance Standards for Green and Inclusive Recovery-oriented Services (PSGRS). This prestigious rating, which is first in the history of EBID, reflects the bank’s commitment to excellence and its dedication to promoting […]
The ECOWAS Bank for Investment and Development (EBID) has published its inaugural Environmental, Social, and Governance (ESG) Financing Framework, signalling its commitment to sustainable development and green financing of key projects in priority sectors. The Framework, which has received a positive assessment from ISS Corporate Solutions, will play a crucial role in linking EBID’s resource […]
The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Donkor, received the “2022 Prix de la Fondation” (the highest award) at the prestigious Crans Montana Forum (CMF) on 18 November 2022, in Geneva, Switzerland. The award was presented by His Royal Highness Prince Guillaume […]
The ECOWAS Bank for Investment and Development (EBID) on Thursday November 10, 2022, signed a 10 million EUR loan agreement with ECO Oil of Burkina Faso. The EBID short term loan facility will go to enhance the distribution of petroleum products to Burkina Faso and Niger, by ECO Oil’s sister companies. The loan is a […]
The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has unanimously increased the Bank’s authorised capital from USD 1.5 billion to USD 3.5 billion with effect from January 2023. The Governors also called for the third tranche of the capital of the Bank which is in the sum of USD 438 […]
The ECOWAS Bank for Investment and Development (EBID) has signed a loan agreement extending a facility of USD 60 Million to the Ghana Grid Company Limited (GRIDco). The signing ceremony took place on 18th October 2022 at the head office of the Bank in Lome, Togolese Republic. The President and Chairman of the Board of […]
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a total of USD 250 million for five (5) Member States to boost the oil & gas, energy, road infrastructure and agricultural sectors of West Africa. The beneficiary countries are Burkina Faso, Ghana, Nigeria, Senegal, and Sierra Leone. The approvals […]
