The ECOWAS Bank for Investment and Development (EBID) has so far committed a total of XOF 294 billion (equivalent of about USD450 million) into the economy of the Republic of Côte D’Ivoire to finance projects in various areas such as infrastructure, health, industry, and agriculture. The President of EBID, Dr. George Agyekum Donkor, disclosed this […]
The ECOWAS Bank for Investment and Development (EBID) has committed the sum of USD 3.2 Billion to finance various projects and initiatives across the fifteen ECOWAS Member States as at the end of Quarter one (Q1) of 2022. This amount has gone towards a total of 278 projects of which 143 are private sector and […]
Abuja, August 25, 2022 – The ECOWAS Commission Leadership led by H. E Dr. Omar Alieu Touray, on Thursday 25th August 2022, welcomed the management of ECOWAS Bank for Investment and Development (EBID) to the commission’s headquarters in Abuja, Nigeria on a working visit to strengthen collaboration, expand cooperation and explore areas of mutual interest […]
The ECOWAS Bank for Investment and Development (EBID) has officially released the 2022 edition of the West Africa Development Outlook (WADO), which takes stock of socio-economic developments of the previous year and presents a macroeconomic outlook for the year 2022. The WADO discusses the socio-economic challenges of the times and postulates policy interventions that could […]
Abu Dhabi, June 28 – Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the ECOWAS Bank for Investment and Development (EBID), whereby a line of credit of US$20 million will be opened between the two entities that will enhance strategic cooperation, leading […]
The Consortium, comprising IMPAXIS, Lead Arranger and Lead Bookrunner and Coris Bourse and Ecobank, respectively Co-Arranger and Co-Lead Bookrunner, is pleased to inform the market of the early closing of the bond issue named “EBID 5.90% – 2022-2029”. The FCFA 120 billion transaction is the largest bond issue launched by a non-sovereign issuer since the […]
‘’The ECOWAS Bank for Investment and Development (EBID) and the Consortium composed of IMPAXIS, CORIS Bourse and EDC Investment Corporation are pleased to announce the early closing at the end of the second day of the bond issue by public offering called “EBID 5.90% 2022-2029”. This early closing marks a new milestone on our Regional […]
The Economic Community of West African States (ECOWAS) was established on 28 May 1975 to promote cooperation and economic integration among its member states. The underlying aim was to raise the standard of living of the people within the region. It has been 47 years now and we can look back and count numerous positive […]
