Search results for Ecowas Bank For Investment And Development

EBID unveils new five-year investment push to boost West African growth

The ECOWAS Bank for Investment and Development (EBID) has announced plans to significantly scale up investments across West Africa over the next five years, as part of efforts to d...

EBID pumps US$101m into Sierra Leone, Guinea projects

The ECOWAS Bank for Investment and Development (EBID) has approved more than US$101 million in strategic financing for infrastructure and governance projects in Sierra Leone and Gu...

EBID Approves $241.6 Million to Boost Nigeria’s Infrastructure, Waste Management, Transport Network

Nume Ekeghe The ECOWAS Bank for Investment and Development (EBID) has approved $241.6 million in fresh financing targeted at strengthening Nigeria’s infrastructure backbone, with a...

West Africa: Ivorian Lender BICICI Profit Jumps 39 Percent On Higher Revenue

[Daba Finance] BICICI, the Abidjan-based, BRVM-listed lender now owned by an Ivorian state consortium, posted a 39% jump in net profit for the year ended December 31, 2025 -- the c...

Air Côte d’Ivoire secures $62mn loan for MRO centre

Air Côte d'Ivoire (HF, Abidjan) has secured a XOF35 billion CFA franc (USD62 million) loan from the West African Development Bank (Banque Ouest Africaine de Développement - BOAD)...

African Bank of Oman, a new financial bridge to Africa

The African Bank of Oman (ABO), which was formally launched in Luanda recently, may prove one of the most consequential moves in Oman’s recent economic diplomacy.ABO is not a high-...

AfDB, IFC, Others Back 2026 African CEO Leadership Forum

The 2026 African CEO Leadership Forum has received a major boost from the African Union (AU), the Economic Community of West African States (ECOWAS), the African Development Bank (...

EIB Global and JEFIC deepen partnership to turn European cooperation into global impact

EIB Global, the development arm of the European Investment Bank (EIB), has signed a new cooperation agreement with the Joint European Financiers for International Cooperation (JEF...

ECOWAS advances operationalization of business council to deepen regional economic integration

The Economic Community of West African States (ECOWAS) has intensified efforts to deepen regional economic integration and strengthen private sector participation with a high-level...

Gulf Crisis: Afreximbank Okays $10bn Buffer for African, Caribbean Nations

• Initiative to support imports, stabilise currencies, boost exports  •Bank partners AU, UNECA, AfCFTA, CARICOM on response Emmanuel Addeh in Abuja The African Export-Import Bank h...

Africa: Dangote Refinery - $4bn syndicated loan secured with Afreximbank backing

[Afreximbank] African Export-Import Bank (Afreximbank) is pleased to announce that it has underwritten US$2.5 billion in the US$4-billion senior syndicated term loan in favour of D...

W’Bank seeks $23bn private funding boost for Africa

The World Bank aims to mobilize $23bn in private funding for Africa by scaling up its risk mitigation tools to improve the lives of 190 million people. Read More: https://punchng....

Angola, Burundi, Ethiopia and Zambia among countries benefiting from €10 million in EIB Global support for primary healt...

- - • EIB Global provides €10 million to support the provision of technical assistance, catalysing potential investments into bankable projects in Sub-Saharan countries - •...

Deepening Cooperation to Jointly Promote W’ Africa’s Development, Writing a New Chapter in China-ECOWAS Relations

Yu Dunhai As Chinese Ambassador to Nigeria and to ECOWAS, I had the honour and privilege of handing over the commemorative key of the building to H.E. Dr. Omar Alieu

Bank of Industry Wins Sustainable Bank of The Year at African Banker Awards 2026

James Emejo in Abuja The Bank of Industry (BOI), Nigeria’s leading development finance institution, has been named Sustainable Bank of the Year at the 20th edition of the prestigio...

Africa Finance Corp. delivers Côte d’Ivoire’s first project finance for solar plant

Africa Finance Corp. has reached financial close and disbursed €43 million under the Poro Power Green Bond.

British International Investment and Ecobank DRC Launch $30 Million SME Finance Facility

Kinshasa is moving deeper into the development finance spotlight as British International Investment and Ecobank DRC launch a $30 million risk-sharing facility aimed at small and m...

Afreximbank launches $10bn crisis support for Africa, Caribbean

The programme will provide short-term FX and liquidity support to help vulnerable states sustain essential imports such as fuel, food and pharmaceuticals.

ECOWAS Moves to Deepen Regional Trade as Dangote Pushes Business Council Take-off

Michael Olugbode in Abuja The Economic Community of West African States (ECOWAS) has intensified efforts to deepen regional economic integration and boost private sector participat...

AfDB Approves $200m Financing Facility for BOI to Boost Nigerian SMEs

Festus Akanbi Nigeria’s push for industrial expansion and private-sector growth received a major boost over the weekend as the African Development Bank Group approved a $200 millio...

Afreximbank in talks with Kenya, Rwanda for textile funding 

Afreximbank backs Kenya and Rwanda to replicate Benin’s textile success and cut Africa’s $50 billion cotton imports.

EADB fights loss of legal immunity in Kenya

The regional lender warns of legal and financial disruption after a court voids key provisions underpinning its operations and funding framework.

Nigeria Commits $500,000 to AFRITAC West 2, Signals Deeper Investment in Policy Capacity

Eromosele Abiodun and Nume Ekeghe in Washington DC  Nigeria has formalised a $500,000 contribution to the third phase of AFRITAC West 2 (AFW2), reinforcing its commitment to region...

FinDev Canada provides USD 30 million loan to CIFI to support inclusive economic growth in Latin America and the Caribbe...