The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) held its 23rd Ordinary Session on April 14, 2025, in Banjul, The Gambia. The meeting, chaired by the outgoing Chairman and Governor for The Gambia, Honourable Seedy K. M. Keita, Minister of Finance and Economic Affairs, was graced with the presence of […]
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a total of USD 230 million and CFA Francs 10 billion to finance projects aimed at stimulating development and boosting economic activities in West Africa. The financing package was granted during the 91st Ordinary meeting of the Board, held on […]
The Board of Governors of the Nobel International Business School (NiBS) University has appointed Dr George Agyekum Donkor, President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), as its inaugural Chancellor. The investiture ceremony took place on March 22, 2025, in Accra, Ghana, under the distinguished patronage of His Excellency John Dramani Mahama, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
