ECOWAS Bank for Investment and Development

Overview

Established in 1999, the ECOWAS Bank for Investment and Development (EBID) serves as the development finance institution for the Economic Community of West African States (ECOWAS), comprising fifteen member states. The bank's mission is to promote the financing of both national and regional development programs and projects, aiming to foster an economically strong, industrialized, and prosperous West Africa fully integrated into the global economic system. EBID intervenes through long, medium, and short-term loans, equity participation, lines of credit, refinancing, financial engineering operations, and related services. EBID operates with two primary windows: one for promoting the private sector and another for developing the public sector. This structure allows the bank to extend its services to a wider range of stakeholders involved in sustainable economic development activities and programs at national and regional levels. The bank's vision is to become the leading regional development and investment bank in West Africa, spearheading wealth creation, economic growth, and industrialization for the well-being of the people in the region. Over the years, EBID has accumulated the requisite knowledge and expertise to postulate evidence-based solutions to the challenges that beset member states. The bank's core values include integrity, professionalism, and excellence, guiding its operations and interactions with stakeholders. Through its interventions, EBID aims to contribute to the economic development of West Africa by financing projects and programs related to transport, energy, telecommunications, industry, poverty alleviation, environment, and natural resources, among others.

Investment Focus

• Projects must align with the development objectives of ECOWAS member states
• Preference for projects that promote regional integration
• Focus on sustainable and impactful initiatives

Portfolio Companies