Speech by Dr. George Agyekum Nana Donkor, President and Chairman of the Board of Directors of EBID on the occasion of the International Women’s Day Celebration 2022

Speech by Dr. George Agyekum Nana Donkor, President and Chairman of the Board of Directors of EBID on the occasion of the International Women’s Day Celebration 2022

Good afternoon, Vice Presidents, Directors, and staff members herein present physically and remotely. Today, we have the pleasure of once again participating in the worldwide celebration of the International Women’s Day. International Women’s Day is a day for celebrating women who work hard every day to achieve personal and professional goals. The date of March […]

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EBID Invests USD 397 Million In Côte d’Ivoire

EBID Invests USD 397 Million In Côte d’Ivoire

The ECOWAS Bank for Investment and Development (EBID) has so far invested an amount of USD 397 million in critical sectors of the Côte d’Ivoire economy. This figure is expected to increase significantly following the implementation of additional pipeline projects which have gone through the Bank’s approval matrix. This was disclosed by the President and […]

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Moody’s changes EBID’s outlook to stable, affirms B2 rating

Moody’s changes EBID’s outlook to stable, affirms B2 rating

03 December 2021 — Moody’s Investors Service has today changed the ECOWAS (Economic Community of West African States) Bank for Investment and Development’s (EBID) outlook to stable from negative and affirmed the B2 long-term issuer rating. The change in outlook to stable acknowledges EBID’s recent clearance of arrears on capital from a number of major […]

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EBID Secures XOF 40 billion Line of Credit from BOA Group

EBID Secures XOF 40 billion Line of Credit from BOA Group

The ECOWAS Bank for Investment and Development (EBID) has obtained a line of credit worth forty billion francs CFA from the Bank of Africa Group (BOA GROUP) for the financing of private sector projects aimed at boosting commerce and industries in the fifteen ECOWAS member states. The signing of the loan agreement marks the commencement […]

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EBID Board approves $68,105,350.42 Funding for Projects

EBID Board approves $68,105,350.42 Funding for Projects

The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved sixty-eight million, one hundred and five thousand, three hundred and fifty united states dollars, forty-two cents (US$68,105,350.42) for the funding of public and private sector projects, during its 75th Meeting held on 1st October 2021, at the Bank’s headquarters in […]

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EBID appoints Dr Ashimolowo as new Vice-President Operations

EBID appoints Dr Ashimolowo as new Vice-President Operations

The 75th Meeting of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), held on 1st October 2021, at the Bank’s headquarters, unanimously appointed Dr. Olagunju M. O. Ashimolowo, as Vice-President in charge of Operations. Dr. Ashimolowo brings on board wealth of relevant experience which will further strengthen and consolidate the […]

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