EBID Board Approves Approximately Fcfa 58bn to Finance two Public Sector Projects In Ivory Coast
The 72nd Meeting of the Board of Directors of EBID was held via Videoconference on March 9, 2021. During this Extraordinary board meeting, financing was approved for two public sector projects in the Republic of Cote d’Ivoire in the amount of about Fifty-eight billion francs CFA (FCFA58 000 000 000). The first project funded will […]
EBID signed €40 million framework agreement with ODDO BHF Aktiengesellschaft
EBID, the regional development bank for the ECOWAS sub-region (Economic Community of West African States), and ODDO BHF AG, the Franco-German financial services group with a longstanding track record and expertise in ECA financing, signed a framework agreement. Dr. George Donkor, President of EBID, and Florian Witt, Head of International & Corporate Banking at ODDO […]
EBID Grants a €10m Line of Credit to Vista Bank Guinea to Support SMEs and SMIs
The ECOWAS Bank for Investment and Development (EBID) has granted a line of credit of 10 million euro to Vista Bank Guinea to support the financing and promotion of SMEs and SMIs in the Republic of Guinea. The facility agreement was signed by Dr. George Agyekum DONKOR, President and Chairman of the Board of Directors […]
EBID Board Approves USD 131.4 million Financing for six (6) Projects in five (5) ECOWAS Member States
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 […]
PUTTRU Technologies Limited and ECOWAS Bank for Investment and Development Sign Partnership Deal to Promote Growth and Development of Energy Sector Projects in West Africa
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 […]