{"id":195681,"date":"2020-02-20T13:24:37","date_gmt":"2020-02-20T13:24:37","guid":{"rendered":"http:\/\/bidc-ebid.org\/?p=195681"},"modified":"2020-03-01T13:35:10","modified_gmt":"2020-03-01T13:35:10","slug":"ebid-signs-e18-032m-loan-agreement-with-mali-private-sector","status":"publish","type":"post","link":"https:\/\/www.bidc-ebid.org\/en\/ebid-signs-e18-032m-loan-agreement-with-mali-private-sector\/","title":{"rendered":"EBID Signs \u20ac18.032m Loan Agreement with Mali Private Sector"},"content":{"rendered":"<p>On Monday, 17<sup>th\u00a0<\/sup>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\u00a0<strong>(\u20ac18.032m)\u00a0<\/strong>with two companies in Mali namely, Soci\u00e9t\u00e9 YATTASSAYE &amp; COMPAGNIE (SOYATT SA) represented by its Managing Director, Mamadou YATTASSAYE, and with Soci\u00e9t\u00e9 de transport de KARTA (SOTRAKA SA), represented by it Executive Chairman, Mr. Mr. Dondou N\u2019DAOU.<\/p>\n<p>The (2) agreements with SOYATT were in the amounts of ten million Euros (\u20ac10 000 000) and five million Euros (<strong>\u20ac<\/strong>5 000 000) respectively, for the importation and supply of petroleum products to TOTAL and VIVO ENERGY in Mali and the procurement of forty (40) tank trucks. The ten million Euros (\u20ac10 000 000) line of credit was a conventional loan whilst the five million (<strong>\u20ac<\/strong>5 000 000) facility was negotiated under a Murabaha framework agreement with the Islamic Development Bank (IDB).<\/p>\n<div id=\"attachment_195549\" style=\"width: 570px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-195549\" class=\"wp-image-195549\" src=\"http:\/\/bidc-ebid.org\/wp-content\/uploads\/sotraka.jpg\" alt=\"\" width=\"560\" height=\"350\" srcset=\"https:\/\/www.bidc-ebid.org\/en\/wp-content\/uploads\/sotraka.jpg 800w, https:\/\/www.bidc-ebid.org\/en\/wp-content\/uploads\/sotraka-530x331.jpg 530w, https:\/\/www.bidc-ebid.org\/en\/wp-content\/uploads\/sotraka-300x188.jpg 300w, https:\/\/www.bidc-ebid.org\/en\/wp-content\/uploads\/sotraka-768x480.jpg 768w\" sizes=\"auto, (max-width: 560px) 100vw, 560px\" \/><p id=\"caption-attachment-195549\" class=\"wp-caption-text\"><em>Left : Chief Executive Officer of SOTRAKA, Mr. Dondou N\u2019daou. Right: President of EBID, Dr. George Agyekum Nana Donkor<\/em><\/p><\/div>\n<p>Prior to the recent loan agreements with SOTRAKA and SOYATT, the EBID\u2019s commitments in the Republic of Mali as at September 2019 amounted to UA143 209 414 <strong>($<\/strong><strong>195\u00a0921\u00a0935.10)<\/strong>\u00a0of which UA81 371 691\u00a0<strong>($111\u00a0322\u00a0983.02)<\/strong>\u00a0was in favour of public sector projects and UA61 918 723\u00a0<strong>($84\u00a0709\u00a0766.56)<\/strong>\u00a0was for private sector projects.\u00a0 The Bank\u2019s areas of intervention in the country cover Energy, Industry, Infrastructure, Refinancing, Rural Development and Telecommunications.With regard to SOTRAKA, EBID supported the company with a line of credit in the amount of three million thirty-two thousand Euros (\u20ac3 032 000) for the procurement of fifteen (15) tank trucks and ten (10) tractors for transporting and distributing petroleum products in Mali.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, 17th\u00a0February 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\u00a0(\u20ac18.032m)\u00a0with two companies in Mali namely, Soci\u00e9t\u00e9 YATTASSAYE &amp; COMPAGNIE (SOYATT SA) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":195570,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[38,53,54,55,56,57,58],"class_list":["post-195681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ebid","tag-islamic-development-bank","tag-mali","tag-murabaha-framework-agreement","tag-private-sector","tag-sotraka","tag-soyatt"],"jetpack_featured_media_url":"https:\/\/www.bidc-ebid.org\/en\/wp-content\/uploads\/soyatt.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bidc-ebid.org\/en\/wp-json\/wp\/v2\/posts\/195681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bidc-ebid.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bidc-ebid.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bidc-ebid.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bidc-ebid.org\/en\/wp-json\/wp\/v2\/comments?post=195681"}],"version-history":[{"count":6,"href":"https:\/\/www.bidc-ebid.org\/en\/wp-json\/wp\/v2\/posts\/195681\/revisions"}],"predecessor-version":[{"id":196357,"href":"https:\/\/www.bidc-ebid.org\/en\/wp-json\/wp\/v2\/posts\/195681\/revisions\/196357"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bidc-ebid.org\/en\/wp-json\/wp\/v2\/media\/195570"}],"wp:attachment":[{"href":"https:\/\/www.bidc-ebid.org\/en\/wp-json\/wp\/v2\/media?parent=195681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bidc-ebid.org\/en\/wp-json\/wp\/v2\/categories?post=195681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bidc-ebid.org\/en\/wp-json\/wp\/v2\/tags?post=195681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}