EBID Board Approves Approximately Fcfa 58bn to Finance two Public Sector Projects In Ivory Coast
The 72nd Meeting of the Board of Directors of EBID was held via Videoconference on March 9, 2021. During this Extraordinary board meeting, financing was approved for two public sector projects in the Republic of Cote d’Ivoire in the amount of about Fifty-eight billion francs CFA (FCFA58 000 000 000). The first project funded will […]
EBID Board Approves USD 131.4 million Financing for six (6) Projects in five (5) ECOWAS Member States
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a total of 131.4 million USD for the financing of six (6) projects in five (5) ECOWAS member states. The projects were approved at the 71st Ordinary Session of the Board held on December 17, 2020 via “Zoom” video conference […]
PUTTRU Technologies Limited and ECOWAS Bank for Investment and Development Sign Partnership Deal to Promote Growth and Development of Energy Sector Projects in West Africa
On 24 November 2020, the ECOWAS Bank for Investment and Development (EBID) and PUTTRU Technologies Limited signed a memorandum of understanding (MoU) to jointly implement the “Closing the Investment Gap in West Africa’s Energy Sector” project. Under this MoU, EBID and PUTTRU Technologies Limited will cooperate and collaborate to increase private sector financing towards accelerating […]
The International Fertilizer Development Center (IFDC) and EBID Collaborate to Improve Soil Health in West Africa
On December 4, 2020, IFDC signed a Memorandum of Understanding (MoU) with the ECOWAS Bank for Investment and Development (EBID) to collaborate in improving soil health and plant nutrition in West Africa. This mutual collaboration between IFDC and EBID will engender multifaceted programs with the sole purpose of promoting growth and development of the agricultural […]
AKA Ausfuhrkredit-Gesellschaft mbH and a German Banking Consortium Grant EBID €95m Lines of Credit
LOME, TOGO – 12 November 2020 – The ECOWAS Bank for Investment and Development (EBID) has secured two lines of credit worth 95 million euro from AKA Ausfuhrkredit-Gesellschaft mbH (AKA) and a consortium of German banks. Dr. George Agyekum DONKOR, President of EBID and Mr. Marck WENGRZIK, Chief Executive Officer (CEO) of AKA consummated the […]
EBID President’s Working Visit to Burkina Faso
As part of his working tour of ECOWAS Member States as part of enhancing EBID’s resource mobilization initiatives in the region and also promoting the Bank’s activities after assumption of duty on February 3, 2020, the President of EBID, Dr. George Agyekum Donkor paid a working visit to Burkina Faso from Tuesday, October 13 to […]
EBID holds 69th Board Meeting, approves us$50m line of credit for Consolidated Bank Ghana (CBG) Ltd, and €13.005m co-financing for King Air 350 ER aircrafts in Cote d’Ivoire
The 69th meeting of the Board of Directors of EBID was held via zoom on September 30, 2020. Two (2) projects were approved for financing. The first was a private sector project specifically, a line of credit in the amount of Fifty Million United States dollars (US$50m) for Consolidated Bank Ghana (CBG) Ltd, to enhance […]
EBID Supports ORAGROUP with €50m Line of Credit for SMIs and SMEs
On September 22, 2020 the President of the ECOWAS Bank for Investment and Development (EBID), Dr. George Donkor, signed a line of credit agreement in the amount of Fifty Million Euros ((€50m) with ORAGROUP represented by the Chief Executive Officer, Mr. Ferdinand Ngon Kemoum. The facility is for the financing of SMIs and PMEs in […]