Message from the President of EBID on International Women’s Day 2025

Message from the President of EBID on International Women’s Day 2025

Each year on International Women’s Day, we celebrate women for their courage, determination and contributions to making the world a better place. However, this day also provides an opportunity to reflect on the current situation of women across the world and assess whether the living conditions for women have improved over time. It is unfortunate […]

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European Investment Bank and Ecowas Bank for Investment and Development Partner to Support West Africa’s Climate Action and Sustainability Initiatives

European Investment Bank and Ecowas Bank for Investment and Development Partner to Support West Africa’s Climate Action and Sustainability Initiatives

The European Investment Bank (EIB) and the ECOWAS Bank for Investment and Development (EBID) have signed a landmark €100 million loan agreement to support West Africa’s efforts to promote green and inclusive growth and address climate and social challenges. The agreement was signed on the sidelines of the Finance in Common Summit 2025 in Cape […]

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ECOWAS Bank for Investment and Development  Secures Green Climate Fund Accreditation

ECOWAS Bank for Investment and Development Secures Green Climate Fund Accreditation

Lomé, Togo – The ECOWAS Bank for Investment and Development (EBID) has achieved a significant milestone with its landmark accreditation to the Green Climate Fund (GCF) unlocking new opportunities to support climate change initiatives across West Africa. This remarkable accreditation improves EBID’s ability to finance climate-resilient development across the ECOWAS region, building on its existing […]

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The ECOWAS Bank for Investment and Development extends a XOF 10 billion line of credit to strengthen the private sector in Côte d’Ivoire

The ECOWAS Bank for Investment and Development extends a XOF 10 billion line of credit to strengthen the private sector in Côte d’Ivoire

In a move to bolster private sector growth and support Small and Medium-sized Enterprises (SMEs) in Côte d’Ivoire, the ECOWAS Bank for Investment and Development (EBID) has approved a XOF 10 billion (approximately USD 16.3 million) line of credit to the Banque Sahélo-Saharienne pour l’Investissement et le Commerce (BSIC-CI SA). The agreement was formalised during […]

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Corporate Social Responsibility – EBID Supports Education and Human Development in the Ecowas Member States

Corporate Social Responsibility – EBID Supports Education and Human Development in the Ecowas Member States

The ECOWAS Bank for Investment and Development (EBID) has reaffirmed its dedication to fostering socio-economic development through education, with a recent investment of USD 67,472 in infrastructure development at Kwanyako Technical High School in the Central Region of Ghana. The project was undertaken as part of EBID’s Corporate Social Responsibility (CSR) initiative, which prioritizes improving […]

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EBID Board of Directors Approves Investments of Fcfa10 Billion and €40 Million to Promote the Private Sector and Develop Infrastructure

EBID Board of Directors Approves Investments of Fcfa10 Billion and €40 Million to Promote the Private Sector and Develop Infrastructure

The ECOWAS Bank for Investment and Development (EBID) has approved a total funding package of FCFA10 billion and €40 million to support the development of SMEs and SMIs in Côte d’Ivoire. This commitment was made during the 90th ordinary meeting of its Board of Directors, held on Thursday, December 19, 2024, via videoconference. The meeting […]

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The ECOWAS Bank for Investment and Development Wins the Africa Sustainability Award

The ECOWAS Bank for Investment and Development Wins the Africa Sustainability Award

In a landmark achievement, the Advisory Board of the African Sustainability Awards in partnership with United Nations Educational, Scientific and Cultural Organization (UNESCO) has selected the ECOWAS Bank for Investment and Development (EBID) as the winner of the Financial Institution of the Year – Africa category at the Africa Sustainability Awards. The award will be […]

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The President Of EBID Underscores the Crucial Role of DFIs in Facilitating Development in Africa

The President Of EBID Underscores the Crucial Role of DFIs in Facilitating Development in Africa

The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, has highlighted the importance of Development Finance Institutions (DFIs) in expanding capital to finance economic growth. He made the remarks during a series of public lectures on the topic “Shaping Africa’s Development Finance […]

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EBID Pioneers Green, Social and Sustainable Bond Listing on Brvm Regional Stock Exchange

EBID Pioneers Green, Social and Sustainable Bond Listing on Brvm Regional Stock Exchange

The Bourse Régionale des Valeurs Mobilières (BRVM), the stock exchange serving the eight States of the West African Economic and Monetary Union (WAEMU), has admitted the “GSS Bond BIDC-EBID 6.50% 2024-2031” issued by the ECOWAS Bank for Investment and Development (EBID) to its listings.  The admission was commemorated by a symbolic bell-ringing ceremony held at […]

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Commerzbank and EBID sign a loan agreement to support socio-economic development initiatives in West Africa

Commerzbank and EBID sign a loan agreement to support socio-economic development initiatives in West Africa

Commerzbank and the ECOWAS Bank for Investment and Development (EBID) have signed an ECA (Export Credit Agency)-backed facility of EUR 58.5 million on October 26, 2024, in Washington DC, USA. Ms Brigitte Rethier, Divisional Board Member, Head of Institutional Clients and Transaction Banking Sales and Dr. George Agyekum Donkor, President and Chairman of the Board […]

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