West Africa is the world’s powerhouse for agricultural commodities, dominating global production of cocoa, cashew, shea nuts, and cotton. However, the region captures only a fraction of the final value of these crops, primarily exporting raw materials instead of processed goods. This represents a significant loss of potential revenue, jobs, and industrial development. Closing this […]

The Board of Directors of the ECOWAS Bank for Investment and Development (EBID), during its 93rd Ordinary Session convened at the Bank’s headquarters in Lomé, approved a total of USD 308.631 million to catalyse strategic investments in clean energy, industrial development, and sustainable growth across West Africa. The session was presided over by Dr. George […]

The ECOWAS Bank for Investment and Development (EBID) is pleased to announce its role as Institutional sponsor of the Africa Financial Industry Summit (AFIS) 2025, taking place on 3–4 November 2025 in Casablanca, Morocco. The Summit will convene over 1,000 leaders drawn from banking, insurance, fintech, capital markets, mobile money, policymaking, and regulation for two […]

The ECOWAS Bank for Investment and Development (EBID) is pleased to announce its role as a Rubis Sponsor of the 11th edition of the Rebranding Africa Forum (RAF 2025), to be held from 9 to 12 October 2025 in Brussels, Belgium. This year’s theme, “AI’s Challenges and Opportunities for Africa,” underscores the imperative to position the […]

The ECOWAS Bank for Investment and Development (EBID) is proud to serve as the Sponsor of the Official Welcome Cocktail at the Crans Montana Forum 2025 from 1 to 3 October 2025, in Rabat, Kingdom of Morocco. Held under the theme “Atlantic Connectivity – Shaping a New Space of Cooperation and Peace, Bridging the Two […]

London, United Kingdom, 14 August 2025 – Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), and Mr. Ashok Kumar Vartia, Chief Executive of India Exim Bank, London Branch, today signed a commercial credit line agreement for an amount of USD 40 million […]

The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, has been recognised as the 2025 CEO of the Year – Africa / CEO of CEOs by the renowned Ghana CEO Vision and Awards. It is worth noting that the President of EBID […]

The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a USD 120 million financing facility for Engineers & Planners Limited (E&P), a leading indigenous mining and construction firm in Ghana, to acquire the Black Volta Gold Mine. This transaction marks a significant step toward establishing Ghana’s first fully indigenous, […]

The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 92nd Ordinary Session on June 30, 2025. The Board approved a total amount of EUR 174 million and USD 125 million to finance projects aimed at stimulating economic growth and fostering industrialisation for the sub-region. The approved sums will go […]

The Chancellor of the Nobel International Business University (NiBS), Dr George Agyekum Donkor, has urged graduates of the University to champion innovation and promote policies that not only solve Africa’s urgent problems but also protect the vulnerable in society. He implored graduates to lead responsibly and boldly apply the research training they had acquired in […]