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 […]
Dr. George Agyekum Donkor, President and Chairman of the ECOWAS Bank for Investment and Development (EBID), has highlighted the transformative potential of the African Continental Free Trade Area (AfCFTA) during his address at the 2024 Rebranding Africa Forum in Brussels. With intra-African trade at approximately 16% and intra-ECOWAS trade even lower at under 12%, Dr. […]
The second edition of EBID’s President’s Roundtable on “Road-mapping Infrastructure Development in ECOWAS” will take place on 5th November 2024 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 in the sub-region to discuss and share their collective experiences […]
The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, signed a loan agreement granting a line of credit in the amount of EUR 20 million to the Bank of Commerce and Industry of Guinea (BCI Guinée). This loan facility will be used […]
The ECOWAS Bank for Investment and Development (EBID) and CORIS Bank International Côte d’Ivoire have extended a loan facility in the amount of EUR 58 million to Atlantic Cocoa Corporation in the Republic of Cote d’Ivoire. This syndicated facility, which was approved during the 89th Session of the Board of Directors of the Bank on […]
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID), at its 89th Ordinary Session, approved investments totalling EUR 61 million and USD 100 million to stimulate the infrastructure, trade and sustainable development sectors in West Africa. The session was held on October 1, 2024, at the Bank’s headquarters in Lomé, Togo, […]
The ECOWAS Bank for Investment and Development (EBID) has signed a €20 million Wakala Framework Agreement (loan agreement) with MANSA BANK to support private enterprises in key sectors, including agriculture, agro-industry, services, renewable energy, education and health in Côte d’Ivoire. This financing extended to MANSA BANK aims to stimulate sustainable growth, promoting private sector development, […]
The Consortium comprising IMPAXIS, Lead Arranger and Leader, Coris Bourse and EDC Investment Corporation, respectively Co-Arranger and Co-Leader, is delighted to inform the market of the early closing of the ‘GSS BIDC-EBID 6.50% 2024 -2031’ bond. This FCFA 70 billion transaction is a ground-breaking innovation in the regional public offering market, as it is the […]
Dr George Agyekum Donkor, President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), received His Excellency Sanjiv Tandon, Ambassador of the Republic of India to Togo, for a courtesy visit at the Bank’s headquarters in Lomé. Dr Donkor lauded the long-standing partnership between India and EBID, highlighting […]
In a significant milestone, Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, and Honourable Mourana Soumah, Minister for the Economy and Finance of the Republic of Guinea, signed two loan agreements totaling USD 62.77 million. These agreements mark the first phase of a comprehensive accord in the amount of […]
