{"id":487257,"date":"2025-12-12T14:37:54","date_gmt":"2025-12-12T14:37:54","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/?p=487257"},"modified":"2025-12-12T14:37:54","modified_gmt":"2025-12-12T14:37:54","slug":"ebid-and-global-green-growth-institute-seal-600000-seed-fund-to-boost-climate-smart-agriculture-in-west-africa","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/12\/12\/ebid-and-global-green-growth-institute-seal-600000-seed-fund-to-boost-climate-smart-agriculture-in-west-africa\/","title":{"rendered":"EBID and Global Green Growth Institute seal  $600,000 seed fund to boost climate-smart agriculture in West Africa"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p class=\"western\" lang=\"en-GB\" align=\"justify\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">The ECOWAS Bank for Investment and Development (EBID), through its Regional Fund for Agriculture and Food (RFAF), has signed a USD 600,000 Seed Funding Agreement with the Global Green Growth Institute (GGGI). This partnership provides a significant boost to the West African Initiative for Climate-Smart Agriculture (WAICSA) project, marking a decisive step in regional efforts to expand climate-resilient agricultural value chains across ECOWAS.<\/span><\/span><\/p>\n<p class=\"western\" lang=\"en-GB\" align=\"justify\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">The signing ceremony, held at EBID Headquarters in Lom\u00e9, Togolese Republic, on December 11, 2025, reaffirmed the collaborative partnership between both institutions in support of sustainable agricultural transformation. The Seed Fund will play a catalytic role in expanding technical assistance and facilitating resource mobilisation for WAICSA. It will also establish a support system for financial institutions, Small and Medium-sized Enterprises (SMEs), and agribusinesses, empowering them with the tools and capacity needed to build resilience against climate change impacts and contribute to adaptation and mitigation efforts.<\/span><\/span><\/p>\n<p class=\"western\" lang=\"en-GB\" align=\"justify\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">During the ceremony, the President and Chairman of the Board of Directors of EBID, Dr. George Agyekum Donkor, highlighted the collaboration\u2019s transformative potential, emphasising that climate-smart agriculture remains central to the Bank\u2019s mandate of fostering sustainable, inclusive, and climate-resilient development across West Africa. He noted that WAICSA, implemented under the RFAF\u2019s Climate Change Response Operational Area, is a flagship intervention designed to enhance regional food security, promote green investments, and unlock new economic opportunities for millions of smallholder farmers and agribusinesses.<\/span><\/span><\/p>\n<p class=\"western\" lang=\"en-GB\" align=\"justify\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">The GGGI delegation, led by the Regional Director for Africa Ms. Katerina Syngellakis, commended the leadership of EBID in advancing climate action across the subregion and reaffirmed GGGI\u2019s commitment to accelerating green investment initiatives in West Africa.<\/span><\/span><\/p>\n<p class=\"western\" lang=\"en-GB\" align=\"justify\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">The agreement solidifies EBID and GGGI\u2019s shared vision of championing climate-smart agriculture as an indispensable foundation for food security and economic resilience in the ECOWAS subregion. The Seed Fund will provide essential support for WAICSA\u2019s ongoing efforts, including project preparation, investor outreach, and comprehensive ecosystem mobilisation.<\/span><\/span><\/p>\n<p class=\"western\" lang=\"en-GB\" align=\"justify\"><span style=\"font-family: Arial, serif;\"><span lang=\"en-US\">Through this partnership, both institutions reaffirm their dedication to empowering agricultural value chain actors, enhancing regional climate adaptation capacity, and driving long-term, sustainable development in West Africa.<\/span><\/span><\/p>\n<div id=\"gtx-trans\" style=\"position: absolute; left: 645px; top: 16.1319px;\">\n<div class=\"gtx-trans-icon\"><\/div>\n<\/div>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The ECOWAS Bank for Investment and Development (EBID), through its Regional Fund for Agriculture and Food (RFAF), has signed a USD 600,000 Seed Funding Agreement with the Global Green Growth Institute (GGGI). This partnership provides a significant boost to the West African Initiative for Climate-Smart Agriculture (WAICSA) project, marking a decisive step in regional efforts<\/p>\n","protected":false},"author":2,"featured_media":487258,"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":[12040],"tags":[],"class_list":["post-487257","post","type-post","status-publish","format-aside","has-post-thumbnail","category-international-institutions","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>EBID and Global Green Growth Institute seal $600,000 seed fund to boost climate-smart agriculture in West Africa - 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. 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