The ECOWAS Bank for Investment and Development (EBID) has so far committed a total of XOF 294 billion (equivalent of about US$450million) into the Republic of Côte d’Ivoire’s economy to finance projects in various areas such as infrastructure, health, industry and agriculture.
The President of EBID, Dr. George Agyekum Donkor,...
A joint platform of Ghanaian and Ivorian Civil Society Organisations (CSOs) and cocoa farmers has made a strong call for reforms in the international pricing mechanism for cocoa to guarantee a living income for farmers. The group has recommended that such reforms must take into account the cost of...
An extraordinary meeting of the ECOWAS Commission has ended in Accra with heads of states giving extended timelines to the coup countries of Mali, Burkina Faso and Guinea to initiate processes towards the return to democratic and constitutional rule.
According to the Commission, states that may fail to comply with...
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...