Consolidated Bank secures US$50m from EBID for infrastructure development

GHANA – ECOWAS Bank for Investment and Development (EBID), has granted a US$50 million facility to the Consolidated Bank Ghana Limited (CBG) to support Ghana’s road infrastructure development. The President and Chairman of the Board of Directors of EBID, Dr. George Agyekum Donkor, and the Managing Director of CBG, Mr. Daniel Wilson Addo, signed the deal at the Head Office of CBG in Accra. The granting of this line of credit embodies EBID’s development commitment to address the huge infrastructure deficit within the West African sub-region, which falls in line…

Read More

Vista Bank Guinea secures US$11m from EBID to increase its funding capacity

GUINEA – ECOWAS Bank for Investment and Development (EBID) has granted a €10 million (US$11.97m) line of credit to Vista Bank Guinea to increase its capacity, support and medium-term funding for small and medium-sized enterprises (SMEs) and small and medium-sized industries (SMIs) in the Republic of Guinea.  The line of credit is part of EBID’s commitment to support the government of Guinea’s implementation of its 2020-2025 Development Plan to develop the private sector and transform the economy. The agreement for the line of credit facility was signed by Dr George…

Read More