The Board of Directors of the ECOWAS Bank for Investment and Development (EBID), during its just-ended 85th Ordinary Session in Lomé, Togo, approved XOF 65 billion for the financing of infrastructure development projects in the subregion. Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, stated that the amount committed […]
In a landmark achievement, the President and Chairman of the Board of Directors of ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, has been nominated for yet another international honour- the Development Champion Award by the Rebranding Africa Forum. The award will be presented during a special ceremony in Brussels, Belgium, as […]
The ECOWAS Bank for Investment and Development (EBID) has published its inaugural Environmental, Social, and Governance (ESG) Financing Framework, signalling its commitment to sustainable development and green financing of key projects in priority sectors. The Framework, which has received a positive assessment from ISS Corporate Solutions, will play a crucial role in linking EBID’s resource […]
The ECOWAS Bank for Investment and Development (EBID) has signed a loan agreement extending a facility of USD 60 Million to the Ghana Grid Company Limited (GRIDco). The signing ceremony took place on 18th October 2022 at the head office of the Bank in Lome, Togolese Republic. The President and Chairman of the Board of […]
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a total of USD 250 million for five (5) Member States to boost the oil & gas, energy, road infrastructure and agricultural sectors of West Africa. The beneficiary countries are Burkina Faso, Ghana, Nigeria, Senegal, and Sierra Leone. The approvals […]
The ECOWAS Bank for Investment and Development (EBID) has increased its commitments to the economy of the Republic of Côte D’Ivoire to a total of FCFA 298.7 billion (equivalent of about USD 464 million) to finance projects in various areas such as infrastructure, health, industry, and agriculture. This was disclosed by the President and Chairman […]
The ECOWAS Bank for Investment and Development (EBID) has so far committed a total of XOF 294 billion (equivalent of about USD450 million) into the economy of the Republic of Côte D’Ivoire to finance projects in various areas such as infrastructure, health, industry, and agriculture. The President of EBID, Dr. George Agyekum Donkor, disclosed this […]
The ECOWAS Bank for Investment and Development (EBID) has committed the sum of USD 3.2 Billion to finance various projects and initiatives across the fifteen ECOWAS Member States as at the end of Quarter one (Q1) of 2022. This amount has gone towards a total of 278 projects of which 143 are private sector and […]
Abuja, August 25, 2022 – The ECOWAS Commission Leadership led by H. E Dr. Omar Alieu Touray, on Thursday 25th August 2022, welcomed the management of ECOWAS Bank for Investment and Development (EBID) to the commission’s headquarters in Abuja, Nigeria on a working visit to strengthen collaboration, expand cooperation and explore areas of mutual interest […]
The ECOWAS Bank for Investment and Development (EBID) has officially released the 2022 edition of the West Africa Development Outlook (WADO), which takes stock of socio-economic developments of the previous year and presents a macroeconomic outlook for the year 2022. The WADO discusses the socio-economic challenges of the times and postulates policy interventions that could […]
