The 2022 West Africa Development Outlook Proposes Increased Sub-Regional Trade and Structural Transformation

The 2022 West Africa Development Outlook Proposes Increased Sub-Regional Trade and Structural Transformation

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 […]

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ADEX and EBID sign financing agreement to boost UAE exports to West Africa

ADEX and EBID sign financing agreement to boost UAE exports to West Africa

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 […]

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Bond issue by public offering dubbed “EBID 5.90% – 2022-2029” closes with oversubscription “EBID – EBID 5.90% – 2022-2029”: F CFA 120 billion

Bond issue by public offering dubbed “EBID 5.90% – 2022-2029” closes with oversubscription “EBID – EBID 5.90% – 2022-2029”: F CFA 120 billion

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 […]

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EBID President Visits Cabo Verde

EBID President Visits Cabo Verde

The President of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Donkor, led a delegation of the Bank on a working visit to Cabo Verde from May 6 to May 10, 2022.  He was received at the Presidency by His Excellency the President of the Republic of Cabo Verde, Mr. Jose Maria […]

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May Day Message from the President of the Ecowas Bank for Investment and Development(EBID) – May 1, 2022

May Day Message from the President of the Ecowas Bank for Investment and Development(EBID) – May 1, 2022

The commemoration of May Day, also known as International Workers Day, gives us all the opportunity to honour and recognise the momentous role of workers and organised labour movements across the globe in their quest to deliver optimum productivity whiles ensuring the provision of motivating working conditions. It is apt therefore that the International Labour […]

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