President of EBID Unveils Innovative Financing Models to Power Africa’s Creative Economy
The ECOWAS Bank for Investment and Development (EBID) has been recognised as the Company of the Year 2025 at the 8th edition of the Business Ghana Awards on October 23, 2025, in Accra. The President and Chairman of the Board of Directors of EBID, Dr George Agyekum Donkor, who was a Guest of Honour for the prestigious event, delivered a keynote speech highlighting the transformative power of Africa’s creative and cultural industries while calling for bold and innovative financing to unlock their full potential.
Dr Donkor underscored the growing contribution of the creative and cultural sectors to GDP both at the national and global levels, despite challenges with capital, technical capacity, value chains, market access, and regulation.
The President of EBID presented a set of practical financing solutions aimed at reducing investment risks and aligning returns with performance, including cultural bonds, royalty or revenue-backed financing and diaspora-linked private equity. He urged the financial sector to place creativity on an equal footing with other productive industries to ensure that African artists and innovators have access to sustainable financing to fuel the continent’s next wave of inclusive growth.
Dr Donkor also used the opportunity to reaffirm EBID’s commitment to supporting bankable projects in the creative and cultural sectors as part of its efforts to support regional economic growth, create jobs and build wealth to improve livelihoods across the ECOWAS sub-region.
