Company profile

ECOWAS Bank for Investment and Development (EBID)

ECOWAS Bank for Investment and Development is a Togo-based regional development finance institution established by the 15 Member States of the Economic Community of West African States. Headquartered in Lomé, the Bank finances national and regional development projects across West Africa through public and private sector windows. Its activities include long-, medium- and short-term loans, equity participation, lines of credit, refinancing, guarantees, financial engineering and technical assistance for projects in sectors such as infrastructure, energy, agriculture, industry, finance and social services. EBID originated from the ECOWAS Fund, which commenced operations in 1979, and was transformed into the EBID Group in 1999 before being reorganised into a unified institution from January 2007.

Sector
Financial services / Development Finance
Markets
Benin, Burkina Faso, Cabo Verde, Côte d'Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, Togo
Founded
1975
Ownership
Government
Stage
Large Enterprise
Capital raised
$100m
Employees
51-200
Business model
B2B, B2B2C, B2G Financial Services

Products and services

Long-Term Loans, Medium-Term Loans, Short-Term Loans, Guarantees, Equity Participation, Lines of Credit, Refinancing & Technical Assistance

Transactions

Source: Partner Researchers.