EBID supports UMB Bank in Ghana
The ECOWAS Development Bank provided $30 million in financing to the Ghanaian financial operator owned by the Fortiz fund.
Someone shares this article with you
▪ EBID supports UMB Bank in Ghana
▪ The ECOWAS Development Bank provided $30 million in financing to the Ghanaian financial operator owned by the Fortiz fund.
▪ https://www.africabusinessplus.com/en/809876/ebid-supports-umb-bank-in-ghana/
The purpose of the $30 million financing that EBID provided to the Ghanaian universal bank Universal Merchant Bank Limited (UMB) is intended as a credit line for SMEs. The deal was approved by the Board of Directors of the ECOWAS Development Bank on 1 October at its headquarters in Lomé, Togo.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Development Bank
25/05/2022 at 18h46, by Africa Business+, updated 26/05/2022
EBID President George Agyekum Nana Donkor wants to raise CFAF 1.3 trillion by 2025
The bank president, currently piloting a new loan of CFAF 120 billion on the regional market, is preparing...
Development Bank
13/04/2022 at 16h42, by Africa Business+
Olavo Correia appointed Chairman of EBID Board of Governors
The Minister of Finance of Cape Verde, Olavo Correia, has taken over the chairmanship of the political...
Development Bank
11/04/2022 at 18h36, by Africa Business+
EBID: George Agyekum Nana Donkor launches second tranche of bonds for CFAF120 billion
The first tranche of CFAF 50 billion was 258% oversubscribed, with an express closing within a few hours.
News
28/03/2022 at 15h14, by Africa Business+
EBID’s George Agyekum Nana Donkor secures US$ 100 million from India Exim Bank
This line of credit for Indian companies operating in ECOWAS countries for private projects is a first.
Bank
03/12/2021 at 17h12, by Africa Business+, updated 06/12/2021
Oddo BHF finances two Sierra Leone solar power plants under EBID agreement
This is not the first project on the continent between the two financial partners.
Development Bank
03/11/2021 at 17h38, by Africa Business+
EBID: Dr Agyekum Nana Donkor’s close guard
The Ghanaian, who became president of the institution in February 2020, has surrounded himself with...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.