The ECOWAS Bank for Investment and Development (EBID) has so far invested an amount of USD 397 million in critical sectors of the Côte d'Ivoire economy.
This figure is expected to increase significantly following the implementation of additional pipeline projects which have gone through the Bank’s approval matrix.
This was disclosed...
As part of activities to programme the European Union’s Neighbourhood Development and International Cooperation Instrument (NDICI) 2021-2027, a stakeholders’ meeting has been held between The Economic Community of West African States, ECOWAS and the UEMOA Commission within the framework for the West African Region.
The meeting also marked the launch...
The Supplementary Act A/SA.01/06/20 amending the protocol A/P1/6/82 on the establishment of an ECOWAS Brown Card relating to motor vehicle third-party liability insurance has been approved and signed by the Authority of Heads of States at the just-ended fifty-ninth ordinary session of the Authority of Heads of States and...
African Export-Import Bank (Afreximbank) has approved US$70 million to finance the expansion and upgrade of the Beitbridge border post in Zimbabwe.
The Bank authorised a US$43 million senior term loan facility to Zimborders Mauritius Ltd and the issuance of an Investment Guarantee of US$27 million supporting Pembani Remgro Infrastructure Fund to...
ECOWAS Bank for Investment and Development, EBID, the regional development bank for the ECOWAS sub-region (Economic Community of West African States), and ODDO BHF AG, the Franco-German financial services group with a longstanding track record and expertise in ECA financing, have signed a framework agreement.
Dr. George Donkor, President of...
When Europeans or Americans ask about Ivory Coast, we locals may sound a little bit like we are quoting Charles Dickens. We have, after all, lived through the best and the worst of times. This week’s parliamentary election will play a major role in determining which we will face...
A World Bank report has re-emphasised the importance of the African Continental Free Trade Area (AfCFTA) agreement in becoming a game changer on the continent, especially, as African countries seek to bounce back from the devastation caused by the coronavirus pandemic.
According to the World Bank, economic growth in the...
The president of the ECOWAS Federation of Chambers of Mines (EFEDCOM), Kwame Addo-Kufuor Jnr., has called for new approaches and stakeholder dialogues to create an enabling environment to attract foreign and local investment into sustainable and responsible mining.
He said the time has come to think differently on how to...
The Commandant of the Kofi Annan International Peacekeeping Training Centre (KAIPTC), Major General Francis Ofori, has stressed that more effort has to be made to reinforce the cooperative engagements amongst state security agencies, given the increasing pressure along the northern borders of Ghana, Benin, Togo and Cote d’Ivoire.
He said...
With other development finance institutions, the Bank plays a critical role in financing electricity projects
Kindergarten teacher Fatima Zahera Hagou recalls that just a generation ago, when the sun went down over the Moroccon countryside, her rural village of Dar Laain ground to a halt and locals bedded down for...