The AFD and EBID Sign €50m Line of Credit

The AFD and EBID Sign €50m Line of Credit

On July 28 July 2020, the ECOWAS Bank for Investment and Development (EBID) and Agence Française de Développement (AFD) signed a land mark line of credit agreement in the amount of fifty million Euros (€50m), at the headquarters of the Bank in Lomé, Togo.  The AFD was represented by the Deputy Managing Director for Togo, […]

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Dr. Mabouba Diagne Assumes Duty as EBID Vice-President Finance & Corp Services

Dr. Mabouba Diagne Assumes Duty as EBID Vice-President Finance & Corp Services

The newly appointed Vice-President Finance and Corporate Services of the ECOWAS Bank for Investment and Development (EBID), Dr. Mabouba Diagne assumed duty on 15 July 2020. Dr. Diagne is Senegalese and a seasoned international investment and development banker with more than twenty (20) years of various executive responsibilities in different parts of Africa. Prior to […]

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Togolese Prime Minister receives President of EBID

Togolese Prime Minister receives President of EBID

The President of EBID, Dr. George Donkor was received in audience by His Excellency, the Prime Minister of the Togolese Republic, Mr. Selom Komi Klassou, on Friday, July 10 2020. The meeting was both a courtesy call and solidarity visit from the new President of EBID which provided him with the opportunity to express the […]

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68th Meeting of EBID Board of Directors Authorizes US$ 32m  and  €9 223 123m for Projects in Sierra Leone and Cote d’Ivoire

68th Meeting of EBID Board of Directors Authorizes US$ 32m and €9 223 123m for Projects in Sierra Leone and Cote d’Ivoire

The 68th meeting of the ECOWAS Bank for Investment and Development (EBID) was held on Thursday, July 2, 2020.  It was Bank’s second regional teleconference zoom meeting, coordinated from the headquarters in Lomé, Togolese Republic. Two public sector projects were approved for financing in Sierra Leone and Cote d’Ivoire, respectively.  With regard to Sierra Leone, […]

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COVID-19, EBID President Urges Realistic Review of Economic Projections

COVID-19, EBID President Urges Realistic Review of Economic Projections

In line with the multi-faceted commitment of EBID to tackling the unprecedented COVID-19 pandemic, the President of EBID, Dr. George Agyekum Donkor has urged stakeholders to review their Economic projections especially as Government revenue mobilization will be affected since there will be no introduction to tax due to low economic activities.  Dr. was speaking during […]

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H.E. Faure GNASSINGBE Meets President of EBID

H.E. Faure GNASSINGBE Meets President of EBID

As part of initial working visits to ECOWAS Member States, the President of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Nana Donkor, met with His Excellency Faure Gnassingbe at the Presidency in Lomé, on 10th March 2020. Fielding questions from reporters after the meeting, Dr. Donkor said that the purpose of […]

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EBID Signs €18.032m Loan Agreement with Mali Private Sector

EBID Signs €18.032m Loan Agreement with Mali Private Sector

On Monday, 17th February 2020, the ECOWAS Bank for Investment and Development (EBID) represented by the President, Dr. George Agyekum Nana DONKOR, signed three private sector loan agreements at the headquarters of the Bank in Lome, in the amount of eighteen million thirty-two thousand Euros (€18.032m) with two companies in Mali namely, Société YATTASSAYE & COMPAGNIE (SOYATT SA) […]

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New EBID President Visits H.E. Nana Addo Dankwa Akufo-Addo

New EBID President Visits H.E. Nana Addo Dankwa Akufo-Addo

The newly appointed President, Dr. George DONKOR, paid a courtesy visit to His Excellency Nana Addo Dankwa Akufo-Addo at Jubilee House Accra on 31 January 2020.  The delegation from EBID included the former President, Mr. Bashir IFO. Addressing the delegation, His Excellency Akufo-Addo, congratulated Dr. DONKOR on his appointment and urged him to remain efficient […]

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New President at EBID: Dr George Agyekum Nana Donkor

New President at EBID: Dr George Agyekum Nana Donkor

The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) comprising Ministers of Finance and Economic Planning of the fifteen (15) ECOWAS Member States appointed Dr George Agyekum Nana Donkor, as the new President of the Bank with effect from 3rd February 2020. The appointment took place during the 9th  Extraordinary Session of the […]

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