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 […]
The ECOWAS Bank for Investment and Development (EBID), the African Trade & Investment Development Insurance (ATIDI) have signed a Memorandum of Understanding (MoU) aimed at strengthening support for the private sector in the West African sub-region. The memorandum, which was signed on May 29, 2025, on the sidelines of the 2025 African Development Bank Group […]
Fifty years ago, the Economic Community of West African States (ECOWAS) was born out of a dream that West African nations would emerge stronger together than apart. Today, we reaffirm that dream with even greater urgency and purpose. This golden jubilee is not just a celebration of longevity; it is a time to reflect on […]
The International Islamic Trade Finance Corporation (ITFC) and the ECOWAS Bank for Investment and Development (EBID) have signed a syndicated trade financing facility of USD 100 million on the sidelines of the 50th Islamic Development Bank (IsDB) Group Annual General Meetings held in Algiers, Algeria. ITFC was represented by its Chief Executive Officer, Eng. Adeeb […]
As part of efforts to grow its commitments in the ECOWAS sub-region while continuing to support socio-economic development, the ECOWAS Bank for Investment and Development (EBID) has signed an agreement with the Government of the Republic of Côte d’Ivoire for the opening of its first country office. The agreement was signed during a ceremony in […]
The third edition of EBID’s President’s Roundtable on “Unlocking Food Security in West Africa through Agricultural Transformation” will take place on Tuesday, 3rd June 2025 at 11:00 am GMT. Dr George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, will be joined by other leading development experts from the development finance sector […]
Today, we come together to commemorate International Workers’ Day — a day that reminds us that behind every thriving economy are dedicated individuals. International Workers’ Day traces its origins back to the labour movements of the late 19th century, particularly the Haymarket affair of 1886 in Chicago, USA, where brave workers demanded an eight-hour workday. […]
The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) unanimously appointed Honourable Dr. Cassiel Ato Baah Forson, Minister of Finance of the Republic of Ghana, as its new Chairman during the 23rd Ordinary Session held on April 14, 2025, in Banjul, The Gambia. Honourable Dr. Cassiel Ato Baah Forson takes over […]
