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The ECOWAS Bank for Investment and Development (EBID) and the Banque Nationale pour le Développement Economique (BNDE) held a signing ceremony on April 30, 2026, to formalise a loan agreement establishing a new credit line of twenty (20) billion CFA francs dedicated to the financing of Small and Medium Enterprises (SMEs) in the Republic of Senegal. The ceremony marks a significant milestone in the longstanding partnership between the two institutions and follows a successful first operation undertaken in 2021, under which BNDE benefited from a ten (10) billion CFA francs credit line that enabled the financing of fifteen (15) SME…

Nairobi, Kenya, 28 April 2026 – The German development bank KfW acting on behalf of and for the account of the Federal Republic of Germany has become the latest shareholder in the African Trade & Investment Development Insurance (ATIDI). KfW becomes the 13th Institutional shareholder in Africa’s premier development insurer, further strengthening the organization’s capital base and its capacity to support trade and investment across the continent. The official signing of the subscription agreement between the two organizations is being marked on the occasion of a meeting held today in Nairobi between ATIDI’s CEO and the German Federal Minister for…

The ECOWAS Bank for Investment and Development (EBID) has convened a capacity‑building workshop from 31 March to 2 April 2026 in Lomé for members of its Gender Equality Committee. The session was conducted as part of the rollout of the Gender Equality Seal for Public Institutions (GES-PI), in partnership with the UNDP Regional Service Centre for Africa. The GES-PI is an internationally recognised framework that supports public institutions in systematically integrating gender equality into their policies, governance structures, and operational practices. Through this programme, EBID reaffirms its commitment to positioning gender inclusion as a strategic driver of institutional transformation and its…

The ECOWAS Bank for Investment and Development (EBID) and the Republic of Guinea have formalized a Memorandum of Understanding (MoU) to strengthen cooperation in financing priority development projects in Guinea. The agreement was signed on 8 April 2026 in Accra, on the sidelines of the 24th Annual General Meeting of the Board of Governors of EBID. The MoU was signed by Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, and Honourable Ismael Nabé, Minister of Planning, Development and International Cooperation of the Republic of Guinea. Under the agreement, EBID will support the financing of…

The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has unanimously appointed the Honourable Ismaël Nabé, Minister of Planning, Development, and International Cooperation of the Republic of Guinea, as its new Chairman. The appointment took place on April 8, 2026, during the Bank’s 24th Annual General Meeting held in Accra, Ghana. He succeeds the Honourable Dr. Cassiel Ato Baah Forson, Minister of Finance of the Republic of Ghana. A telecommunication engineer and expert in governance and public-private partnerships, Minister Nabé has been a principal architect of Guinea’s economic resurgence since his appointment in March 2024. He…

The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) concluded its 24th Annual General Meeting (AGM) in Accra, Ghana, on April 8, 2026, with a strong determination and commitment to deploy incremental investments across the West African region in the next five years. The commitment underscores EBID’s accelerated drive to finance transformative projects and deepen regional economic integration. The Board of Governors comprises the Ministers of Finance and, in some cases, Ministers of Planning and Development of the fifteen West African countries. Also attending the meeting where two portfolio Ministers from the Alliance of Sahel States (AES), namely…

Energy infrastructure, agricultural transformation, SME financing, international partnerships… The ECOWAS Bank for Investment and Development (EBID) is deploying a series of structuring initiatives across several areas in its March 2026 newsletter. Read the bulletin

Lomé, Togo – 7 March 2025 The ECOWAS Bank for Investment and Development (EBID), in partnership with ASKY Airlines and Plan International Togo, successfully hosted the “Girls in Aviation Day” initiative on 7 March 2026 at the Gnassingbé Eyadéma International Airport in Lomé, in commemoration of International Women’s Day (IWD) 2026. This landmark event offered twenty (20) girls, a meaningful and immersive learning experience aimed at increasing their exposure to professional opportunities in aviation, aerospace, and other science and technology fields. This joint initiative reaffirmed the partners’ commitment to gender inclusion, youth empowerment, and expanding girls’ access to emerging career…

From 16 February to 21 March 2026, Africa Global Logistics (AGL) Congo is launching a major training program aimed at strengthening the technical skills of its operational teams. The company has called on heavy lifting and handling experts from elsewhere to provide refresher training and CACES® R483 certification – Mobile Cranes category – for 21 crane operators and 2 lifting supervisors.   For five weeks, highly qualified instructors equipped with the most advanced teaching methodologies will deliver an intensive program combining in-depth theoretical courses (regulations, safety, risk analysis, lifting technologies) and practical workshops on mobile cranes. These workshops include complex manoeuvres, load lifting, stabilisation, critical situation prevention and first-level maintenance. The training will be validated by official CACES® assessments leading to the award of R483 certification.   ‘Bringing certified trainers to Congo is a strategic choice that allows us to offer our employees the highest international training standards. It also demonstrates our deep commitment to supporting our employees’ skills development. Certifications enhance the quality of service we deliver to our customers by meeting the most demanding standards in the industry,’ says Mazen HABIB, Director of Operations at Africa Global Logistics Congo.   Africa Global Logistics Congo considers training to be a key pillar in supporting our employees, the quality of service we provide to our customers and the maintenance of our investments. It focuses primarily on the use of state-of-the-art equipment and the continuous improvement of operational standards. The company invests sustainably in the development of its employees’ talents to optimise operational safety and support the country’s economic growt. 

Ecobank and Hub2 Expand Digital Payments Access to 200 Million Mobile Wallet Users in Francophone Africa LOMÉ, Togo — February 25th, 2026 — Ecobank Transnational Incorporated, the leading pan-African banking group, and Hub2, a fast-growing regional fintech infrastructure provider, have signed a Memorandum of Understanding (MoU) to connect Hub2’s network of more than 200 million mobile wallets to Ecobank’s pan-African digital banking platform. The partnership strengthens payment interoperability across Francophone Africa and expands access to secure, low-cost digital transactions for businesses and consumers. The agreement comes as Africa continues to lead the global mobile money market. The continent now accounts…

By Dr. Mohamed H’Midouche – International Consultant, former senior executive of the African Development Bank Long confined to a regional niche, sukuk has become a major instrument for infrastructure financing in Asia and the Gulf. In Africa, despite colossal needs, its use remains marginal. Not because of a lack of projects, but because of insufficient legal structuring. At a time when PPPs are seeking a second wind, sukuk could well become the catalyst for a new discipline in public financing. For two decades, Africa has financed its infrastructure mainly through sovereign debt, concessional loans, guaranteed bilateral financing, and PPPs backed…

The ECOWAS Bank for Investment and Development (EBID) has appointed Mr. Baba Malick Ba as Regional Director overseeing Côte d’Ivoire, Senegal, The Gambia, Burkina Faso, Cape Verde and Guinea, effective February 1, 2026. Mr. Baba Malick Ba is a senior finance professional with extensive experience in both the public and private sectors, spanning various fields: risk management, project financing, banking, capital markets, export financing, credit analysis, portfolio management, financial markets, and public-private partnerships. Prior to joining the Bank, Mr. Ba worked for the government of Senegal at the Ministry of Economy, Planning and Cooperation as the Director of Financing and…

Harvest Asset Management announces the successful maintenance of its ISO 9001:2015 certification, following the completion of its annual surveillance audit, conducted by Bureau Veritas, a globally recognized certification body. Initially obtained in 2024, this certification attests to the robustness, consistency and effectiveness of the Quality Management System (QMS) implemented by Harvest Asset Management. The successful outcome of this surveillance audit confirms the Company’s ability to sustain a structured and disciplined approach to quality, performance and client satisfaction across all its operations. In particular, the audit assessed and validated: the compliance of internal processes with the requirements of the ISO 9001:2015…

In the vast, arid expanse of Mauritania, where water is scarce and ecosystems are fragile, Kinross’ Tasiast mine has sought to embed environmental responsibility into every aspect of its operations. The mine has gone beyond merely complying with environmental regulations and has instead integrated sustainability into its culture from water management and energy sourcing to waste handling and land restoration. This approach reflects a broader transformation in Africa’s mining sector, where environmental, social, and governance (ESG) standards are no longer optional. Governments are tightening compliance frameworks, investors are demanding credible disclosure, and communities are increasingly vocal about environmental impacts. Against…

On December 16, 2026, The Gambia witnessed a landmark initiative in support of its healthcare sovereignty. Through its foundation, Cornestone Group officially handed over an exceptional USD 12 million donation in medical equipment and pharmaceuticals to the President of the Republic, Adama Barrow, underscoring a structured, high-impact approach to corporate social responsibility. During the official ceremony, President Barrow described the initiative as the single largest donation ever made to The Gambia’s healthcare system, hailing it as a transformative contribution at a critical moment for the country’s public health infrastructure. Led by the Group’s CEO, Alagie Sanyang, the initiative reflects a…

The December 2025 escalation in southern Yemen brought to the surface tensions between Saudi Arabia and the United Arab Emirates, two long-standing partners within the coalition formed against the Houthis. Saudi air strikes against forces aligned with the Southern Transitional Council, followed by Emirati denials and the announcement of a troop withdrawal, were widely interpreted as signs of rivalry. Beyond the immediate episode, however, the sequence illustrates a gradual divergence in how both countries approach their engagement in Yemen, shaped as much by local fragmentation as by differing assessments of how stability can be supported. A coalition under strain, not…

Mali has secured CFA 36.07 billion (approximately USD 60 million) in financing from the Islamic Development Bank (IsDB) to reinforce the electricity infrastructure of its capital, Bamako, as part of a broader effort to stabilize a power system under severe strain. The financing, structured in accordance with Islamic finance principles, will fund the construction of the 225 kV Northern Loop, a high-voltage transmission project designed to increase the capacity, reliability, and resilience of Bamako’s electricity network. Unlike conventional power projects, this operation excludes electricity generation and focuses exclusively on transmission and distribution, addressing one of the most critical bottlenecks in…

Nairobi, Kenya, 24 November 2025 – The African Trade and Investment Development Insurance (ATIDI), the leading pan-African multilateral development insurer, has officially published its Climate Change Policy, marking a significant step in aligning its operations with global climate goals and Africa’s sustainable development agenda. Approved by the Board of Directors in 2025, the policy outlines ATIDI’s comprehensive framework to reduce greenhouse gas (GHG) emissions, manage climate-related risks and increase its support for climate conscious investments, and support a just energy transition in Africa. The Policy will be reviewed at least every three years, or earlier if necessary. As a major…

The ECOWAS Bank for Investment and Development (EBID) and the Government of the Republic of Guinea have signed two loan agreements, totaling EUR 123.451 million, aimed at enhancing education and training on agribusiness and expanding access to clean, reliable energy across country. These strategic partnerships, signed on Monday, November 10, 2025, during a ceremony in Conakry, Guinea, underscore a shared commitment to sustainable development and economic diversification. The two facilities will finance critical infrastructure projects in Guinea, namely: A EUR 28.28 million loan to finance the improvement and modernisation of four (4) agricultural high schools in the Republic of Guinea.…

The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, has advocated for the strategic importance of innovative climate financing instruments for Africa’s sustainable growth and transformation at the 2025 Africa Financial Summit (AFIS) in Casablanca, Morocco. Speaking on the topic, “Climate and Bond Markets: How to Build Africa’s Sustainable Finance Arsenal,” Dr Donkor intimated that the continent has enough resources to finance its climate-smart investments. He opined that the continent holds in excess of USD160 billion in pension funds alone, with over 90% held in government securities…

The ECOWAS Bank for Investment and Development (EBID) has approved a USD 40 million line of credit to Vista Gui to expand financing for Small and Medium-sized Enterprises (SMEs) and strengthen trade activities. This facility forms part of EBID’s broader initiatives to catalyse private sector-led growth across the ECOWAS region through targeted support to National Financial Institutions (NFIs). The agreement was formalised during a signing ceremony held on Monday, October 27, 2025. Speaking during the ceremony, Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, reaffirmed the Bank’s commitment to inclusive and sustainable development through…

The ECOWAS Bank for Investment and Development (EBID) has extended a EUR 50 million line of credit to Planet One Education Togo to support technical and vocational education in the Togolese Republic. The facility, formalised at a signing ceremony held on Wednesday, 22 October 2025, underscores EBID’s commitment to investing in human capital to catalyse sustainable growth across the ECOWAS sub-region. This strategic financing will go towards the design, construction, and outfitting of six vocational and technical training centres in the Tandjouaré, Danyi Akpéyémé, Kougnohou, Guérin-Kouka, Agoé-Nyivé and Tsévié municipalities. The centres will feature classrooms, laboratories and workshops offering a…

The President and Chairman of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Donkor, spotlighted the strategic importance of Artificial Intelligence (AI) for Africa’s development at the 2025 Rebranding Africa Forum in Brussels, Belgium. Speaking during the “Hard Talk” session on October 10, 2025, Dr. Donkor outlined how AI can drive productivity, competitiveness, and digital sovereignty, setting out a practical roadmap that prioritises enabling infrastructure, talent, responsible governance, and interoperable digital systems. Dr. Donkor emphasised that AI represents a transformative tool for Africa’s growth story with a multisectoral impact. He cited examples of AI at work in…

Lomé, Togo, 29 September 2025 — The Board of Directors of the ECOWAS Bank for Investment and Development (EBID), during its 93rd Ordinary Session convened at the Bank’s headquarters in Lomé, approved a total of USD 308.631 million to catalyse strategic investments in clean energy, industrial development, and sustainable growth across West Africa. The session was presided over by Dr. George Agyekum Donkor, President and Chairman of the Board of Directors. Dr. Donkor underscored that the newly approved financing will advance strategic public and private sector initiatives aligned with EBID’s mandate to promote sustainable development throughout the ECOWAS region by…

Co-hosted by ATIDI, MUFG and NEXI, the event was held under the theme “Unlocking Japanese Private Sector Investment in Africa” The discussions highlighted Africa’s investment-readiness and the growing momentum for strategic, impactful Japanese-African cooperation. The event also showcased the launch of Safaricom Telecommunications Ethiopia Plc, a major investment that stands as the single largest FDI in Ethiopia and one of the most significant Japanese-backed projects on the continent.   Tokyo, Japan, 19 August 2025 – In an effort to deepen economic ties between Japan and Africa, the African Trade & Investment Development Insurance (ATIDI), Mitsubishi UFJ Financial Group (MUFG), and…

On 20 August 2025, a major step forward was taken in the East Mole dock extension project.  CRBC (China Road and Bridge Corporation), the company in charge of the work, successfully  launched a CSD (Cutter Suction Dredger) dredger, marking a major phase in the construction  of rockfill protection for the quayside.  This strategic operation guarantees the stability of the new port infrastructure currently being  developed, while respecting the highest international standards in terms of quality, safety and  environmental performance.  ‘This launch symbolises a significant step forward in the construction of a new port platform at  East Mole. It reflects our…

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ATIDI has approved the issuance of a payment guarantee, via the Regional Liquidity Support Facility, in favour of the 62 MW Sokodé Solar Project The RLSF policy will cover the risk of non-payment by the national utility, Compagnie Énergie Électrique du Togo (CEET) The project, jointly developed by Meridiam and EDF, will be the second grid connected solar project in TogoNairobi, 7 July, 2025: The African Trade & Investment Development Insurance (ATIDI), through its Regional Liquidity Support Facility (RLSF), is set to provide liquidity cover for the Sokodé Solar PV Project, a landmark 62 MW renewable energy project in central…

Accra, Ghana – 07 July 2025-The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a USD 120 million financing facility for Engineers & Planners Limited (E&P), a leading indigenous mining and construction firm in Ghana, to acquire the Black Volta Gold Mine. This transaction marks a significant step toward establishing Ghana’s first fully indigenous, wholly owned mining company, aligning with global standards for local participation and sustainable resource development. The transaction, which started about 18 months ago, was formalised at a signing ceremony attended by high-level government officials, regulatory authorities, and key industry stakeholders.…

The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 92nd Ordinary Session on June 30, 2025. The Board approved a total amount of EUR 174 million and USD 125 million to finance projects aimed at stimulating economic growth and fostering industrialisation for the sub-region. The approved sums will go towards the following projects: A EUR 50 million project for the construction and equipping of six (6) technical education and vocational training centres by Planet One, in the Togolese Republic. This project aims to equip the Togolese youth with skills that are in high demand…