Dr. Mory Soumahoro, a seasoned expert in public, market and corporate finance, has been appointed Vice President of Risks and Control at EBID. He was sworn in on Wednesday, March 6, 2024. With an illustrious career mobilizing resources for governments and enterprises and a strong leadership role in financial market reforms, Dr. Soumahoro is excellently […]
The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, engaged in a productive courtesy visit with His Excellency Julius Maada Bio, President of the Republic of Sierra Leone, on Tuesday, February 20, 2024, at the Presidential Lodge in Freetown, Sierra Leone. Accompanying […]
The ECOWAS Bank for Investment and Development (EBID) has officially launched its maiden edition of the ECOWAS Investment Forum, a pivotal platform for development partners and stakeholders to converge and highlight investment opportunities across key sectors of ECOWAS Member States. Organised in partnership with the Government of the Republic of Togo and the Government of […]
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) approved a total of USD 70 million and XOF 14.030 billion to boost trade and agribusiness in West Africa during its 86th meeting held on 21st December 2023. The USD 70 million facility will go towards trade finance and private sector promotion […]
The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Donkor, has once again been recognized as one of the 100 personalities transforming Africa by Financial Afrik, a leading business news magazine. The annual ranking, now in its ninth year, highlights influential individuals for […]
Dr George Agyekum Donkor, President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID) paid a courtesy call on the President of the Federal Republic of Nigeria and Chairman of the ECOWAS Authority of Heads of State and Government, His Excellency Asiwaju Bola Ahmed Tinubu, at Aso Rock […]
On the day set aside by the United Nations to commemorate the international fight against corruption, a powerful call to action can be found in this year’s theme “Uniting the world against corruption”. By diverting already scarce resources, corruption hinders direct financing of projects and programmes, while simultaneously raising additional costs that governments and private […]
The ECOWAS Bank for Investment and Development (EBID) extended a line of credit totaling EUR 30 million to MANSA Bank in a ceremony held in Abidjan, Côte d’Ivoire on December 6, 2023. This facility which is exclusively dedicated to SMEs/SMIs operating in the agricultural value chain, will support agribusiness in various ways including transport, storage […]
The ECOWAS Bank for Investment and Development (EBID) has signed an agreement with WEMA Bank Plc, Nigeria providing a USD50 Million line of credit to support Small and Medium Enterprises (SMEs) in the agro-business sector in the Federal Republic of Nigeria. The signing ceremony took place on November 20th, 2023, at the Bank’s Headquarters in […]
On the sidelines of the recently concluded Saudi-Arab-African economic conference in Riyadh, Saudi Arabia, Saudi Exim Bank and the ECOWAS Bank for Investment and Development (EBID) signed a loan agreement for $25 million on November 9th, 2023. EBID was represented by the Vice-President in charge of Finance and Corporate Services, Dr Mabouba Diagne. The facility […]
