EBID obtains first financing from the AfDB
The ECOWAS bank will receive more than US$130 million from the African Development Bank and the Bank of China.
02/02/2023 at 17h28, by Africa Business+
Mabouba Diagne, Senegalese vice president of finance at the ECOWAS Bank for Investment and Development (EBID), and his team secured more than $130 million in financing from the African Development Bank (AfDB) on 31 January. Discussions began more than nine months ago.
Recommended articles
Development Bank
12/10/2023 at 15h53, by Africa Business+
EBID boosts its support for SMEs with two €50m lines of credit, including one for Vista Group
The scoop from Africa Business+.
News
19/07/2023 at 14h59, by Africa Business+
Ousmane Fall, Akinwumi Adesina’s new champion for AfDB’s private sector relations
He has been appointed to a newly created position at the pan-African financial institution as director...
Development Bank
03/11/2022 at 17h27, by Africa Business+
EBID : George Agyekum Donkor obtains $2 billion capital increase
The project to raise EBID’s authorised capital is part of the 2020-2025 strategic plan deployed by the...
Development Bank
25/05/2022 at 18h46, by Africa Business+
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.