Abu Dhabi, June 28 – Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the ECOWAS Bank for Investment and Development (EBID), whereby a line of credit of US$20 million will be opened between the two entities that will enhance strategic cooperation, leading […]
The 74th session of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID) was held via videoconference on July 1, 2021, to review the activities of the Bank for the second quarter of 2021 and to consider key public and private sector projects for funding within ECOWAS Member States. The meeting […]
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 […]
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 […]
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 […]
