The AFD and EBID Sign €50m Line of Credit

The AFD and EBID Sign €50m Line of Credit

On July 28 July 2020, the ECOWAS Bank for Investment and Development (EBID) and Agence Française de Développement (AFD) signed a land mark line of credit agreement in the amount of fifty million Euros (€50m), at the headquarters of the Bank in Lomé, Togo.  The AFD was represented by the Deputy Managing Director for Togo, […]

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Dr. Mabouba Diagne Assumes Duty as EBID Vice-President Finance & Corp Services

Dr. Mabouba Diagne Assumes Duty as EBID Vice-President Finance & Corp Services

The newly appointed Vice-President Finance and Corporate Services of the ECOWAS Bank for Investment and Development (EBID), Dr. Mabouba Diagne assumed duty on 15 July 2020. Dr. Diagne is Senegalese and a seasoned international investment and development banker with more than twenty (20) years of various executive responsibilities in different parts of Africa. Prior to […]

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Togolese Prime Minister receives President of EBID

Togolese Prime Minister receives President of EBID

The President of EBID, Dr. George Donkor was received in audience by His Excellency, the Prime Minister of the Togolese Republic, Mr. Selom Komi Klassou, on Friday, July 10 2020. The meeting was both a courtesy call and solidarity visit from the new President of EBID which provided him with the opportunity to express the […]

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68th Meeting of EBID Board of Directors Authorizes US$ 32m  and  €9 223 123m for Projects in Sierra Leone and Cote d’Ivoire

68th Meeting of EBID Board of Directors Authorizes US$ 32m and €9 223 123m for Projects in Sierra Leone and Cote d’Ivoire

The 68th meeting of the ECOWAS Bank for Investment and Development (EBID) was held on Thursday, July 2, 2020.  It was Bank’s second regional teleconference zoom meeting, coordinated from the headquarters in Lomé, Togolese Republic. Two public sector projects were approved for financing in Sierra Leone and Cote d’Ivoire, respectively.  With regard to Sierra Leone, […]

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COVID-19, EBID President Urges Realistic Review of Economic Projections

COVID-19, EBID President Urges Realistic Review of Economic Projections

In line with the multi-faceted commitment of EBID to tackling the unprecedented COVID-19 pandemic, the President of EBID, Dr. George Agyekum Donkor has urged stakeholders to review their Economic projections especially as Government revenue mobilization will be affected since there will be no introduction to tax due to low economic activities.  Dr. was speaking during […]

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EBID celebrates ECOWAS at 45

EBID celebrates ECOWAS at 45

Speech by the President of EBID, Dr George Donkor on ECOWAS Day On 28th May 2020, the Economic Community of West African States (ECOWAS) and its financial arm, EBID, will be forty-five (45) years old.  The last four decades have witnessed the Community and its Bank develop resolutely from an ECOWAS of States to an […]

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Togo Appointed New Chair of EBID Board of Governors

Togo Appointed New Chair of EBID Board of Governors

The 18th Ordinary Meeting of the Board of Governors of ECOWAS Bank for Investment and Development (EBID) held at the headquarters of the Bank in Lomé, Togolese Republic, unanimously appointed the Honourable Minister of Finance and Economy of the Republic of Togo, Mr. Sani Yaya, as new Chairman of the Board of Governors. He took […]

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COVID-19, EBID Supports ECOWAS Members States with $1.5m

COVID-19, EBID Supports ECOWAS Members States with $1.5m

The ECOWAS Bank for Investment and Development (EBID) has donated the amount of one million five hundred thousand United States dollars ($1.5m) to assist in strengthening the bold emergency measures that ECOWAS Member States are taking to fight the coronavirus (COVID-19) menace. Estimates indicate that the ECOWAS region has the third largest number of confirmed […]

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EBID Holds 67th Board, Approves $US39.6m Projects, and 35m Euros Project

EBID Holds 67th Board, Approves $US39.6m Projects, and 35m Euros Project

The 67th meeting of the ECOWAS Bank for Investment and Development (EBID) was held on Thursday, April 7 2020.  It was Bank’s first regional teleconference zoom meeting and was coordinated from the headquarters in Lomé, Togolese Republic. Overall, the Board approved three projects, two of which were from the public sector, and one from the […]

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