{"id":466888,"date":"2019-09-06T12:00:51","date_gmt":"2019-09-06T11:00:51","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=466888"},"modified":"2019-09-06T12:00:51","modified_gmt":"2019-09-06T11:00:51","slug":"banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/09\/06\/banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019\/","title":{"rendered":"Banks: EBID reimburses 3.66 billion FCFA of debt at the end of September 2019"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>On September 28, 2019, the ECOWAS Bank for Investment and Development (EBID) will pay the half-yearly interest and the repayment of the capital of its bond BIDC-EBID 6.50% 2014-2021 for an amount of 3.766 billion euros. FCFA (5.649 million euros), announced the leaders of this financial institution based in Lome in Togo.<\/p>\n<p>EBID launched during the period 18 February to 18 March 2014, a public bond loan for an amount of 40 billion FCFA (60 million euros). The price of the bond was fixed at 10,000 FCFA (15 euros) with an annual interest rate of 6.50%. The duration of the seven-year loan covered the period 2014-2021.<\/p>\n<p>The funds raised in the regional financial market were intended to finance a number of projects located in some countries of the West African Economic and Monetary Union (WAEMU). This was notably the case of the establishment of a pharmaceutical industrial unit in Burkina Faso for an amount of FCFA 5 billion, the exploitation of phosphate mines in Matam in northern Senegal for FCFA 7 billion, or even the acquisition and operation of the third telecommunication license (ATEL SA) in Mali for 7,500 billion FCFA.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>On September 28, 2019, the ECOWAS Bank for Investment and Development (EBID) will pay the half-yearly interest and the repayment of the capital of its bond BIDC-EBID 6.50% 2014-2021 for an amount of 3.766 billion euros. FCFA (5.649 million euros), announced the leaders of this financial institution based in Lome in Togo. EBID launched during<\/p>\n","protected":false},"author":536282,"featured_media":466890,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,11996],"tags":[15244],"class_list":["post-466888","post","type-post","status-publish","format-aside","has-post-thumbnail","category-bank","category-finance-en","tag-ebid","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Banks: EBID reimburses 3.66 billion FCFA of debt at the end of September 2019 - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2019\/09\/06\/banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-06T11:00:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/09\/aboutebid_2-696x359.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"359\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/09\\\/06\\\/banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/09\\\/06\\\/banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"Banks: EBID reimburses 3.66 billion FCFA of debt at the end of September 2019\",\"datePublished\":\"2019-09-06T11:00:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/09\\\/06\\\/banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019\\\/\"},\"wordCount\":187,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/09\\\/06\\\/banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2019\\\/09\\\/aboutebid_2-696x359.jpg\",\"keywords\":[\"EBID\"],\"articleSection\":[\"Bank\",\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/09\\\/06\\\/banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/09\\\/06\\\/banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/09\\\/06\\\/banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019\\\/\",\"name\":\"Banks: EBID reimburses 3.66 billion FCFA of debt at the end of September 2019 - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/09\\\/06\\\/banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/09\\\/06\\\/banks-ebid-reimburses-3-66-billion-fcfa-of-debt-at-the-end-of-september-2019\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2019\\\/09\\\/aboutebid_2-696x359.jpg\",\"datePublished\":\"2019-09-06T11:00:51+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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