The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a total of 131.4 million USD for the financing of six (6) projects in five (5) ECOWAS member states. The projects were approved at the 71st Ordinary Session of the Board held on December 17, 2020 via “Zoom” video conference […]
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 […]
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 […]
LOME, TOGO – 12 November 2020 – The ECOWAS Bank for Investment and Development (EBID) has secured two lines of credit worth 95 million euro from AKA Ausfuhrkredit-Gesellschaft mbH (AKA) and a consortium of German banks. Dr. George Agyekum DONKOR, President of EBID and Mr. Marck WENGRZIK, Chief Executive Officer (CEO) of AKA consummated the […]
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 […]
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 […]
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 […]
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 […]
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, […]
As part of its programme of extending development support to frontline public service sectors in the sub region such as the judiciary, the President of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Donkor, informed the Chief Justice of the Republic of Ghana, His Lordship Justice Kwasi Anin-Yeboah, of the commitment of […]
