{"id":2434,"date":"2022-03-06T18:17:21","date_gmt":"2022-03-06T18:17:21","guid":{"rendered":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/ecowas-bank-invests-397-million-in-ivory-coast"},"modified":"2022-03-06T18:55:30","modified_gmt":"2022-03-06T18:55:30","slug":"ecowas-bank-invests-397-million-in-ivory-coast","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/ecowas-bank-invests-397-million-in-ivory-coast","title":{"rendered":"Ecowas Bank invests $397 million in Ivory Coast"},"content":{"rendered":"

Africa-Press – Cape verde. <\/strong><\/span>The ECOWAS Bank for Investment and Development (EBID) has so far invested an amount of USD 397 million in critical sectors of the C\u00f4te d\u2019Ivoire economy. This figure is expected to increase significantly following the implementation of additional pipeline projects which have gone through the Bank\u2019s approval matrix.<\/p>\n

This was disclosed by the President and Chairman of the Board of Directors of EBID, Dr George Agyekum Donkor, during his 4-day visit to C\u00f4te d\u2019Ivoire from February 15 to 19, 2022. (Photo above: Left \u2013 Patrick J\u00e9r\u00f4me Achi and Dr George Agyekum Donkor).<\/p>\n

The visit, which was essentially to engage the Ivorian Government for support in charting a development roadmap for the sub-region as a key shareholder, also included discussions on avenues for the Bank to scale up developmental efforts in the country.<\/p>\n

During the visit, the President of EBID held high-level discussions with the Ivorian Prime Minister, His Excellency, Patrick J\u00e9r\u00f4me Achi. Prior to the meeting with the Prime Minister, Dr Donkor had held consultative sessions with the Minister of Planning and Budget, Madam Niale Kaba (Photo above) and later paid a courtesy call on the Secretary General of the Presidency of the Republic of C\u00f4te d\u2019Ivoire, Mr. Abdourahmanne Ciss\u00e9.<\/p>\n

The discussions centred on the deepening institutional reforms, governance, and the positioning of the Bank to transform ECOWAS communities through focused funding of impactful projects.<\/p>\n

The government representatives welcomed the visit of the President of EBID as a key step in the financing of priority projects as enumerated in the National Development Plan of C\u00f4te d\u2019Ivoire, which focuses on industrial development, digitisation, and human capital development. Left: Dr George Agyekum Donkor.<\/p>\n

About EBID<\/b><\/p>\n

ECOWAS Bank for Investment and Development (EBID) is a leading regional investment and development bank, owned by the fifteen (15) ECOWAS Member States, namely, Benin, Burkina Faso, Cape Verde, C\u00f4te d\u2019Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo. Based in Lom\u00e9, Togolese Republic, the Bank is committed to financing developmental projects and programs covering diverse initiatives from infrastructure and basic amenities, rural development and environment, industry, and social services sectors, through its private and public sector windows. EBID intervenes through long, medium, and short-term loans, equity participation, lines of credit, refinancing, financial engineering operations and related services. www.bidc-ebid.org<\/p>\n

For More News And Analysis About Cape verde<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Cape verde. The ECOWAS Bank for Investment and Development (EBID) has so far invested an amount of USD 397 million in critical sectors of the C\u00f4te d\u2019Ivoire economy. This figure is expected to increase significantly following the implementation of additional pipeline projects which have gone through the Bank\u2019s approval matrix. This was disclosed […]<\/p>\n","protected":false},"author":84,"featured_media":2433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,331,328],"class_list":["post-2434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-cape-verde","tag-cape-verde"],"yoast_head":"\nEcowas Bank invests $397 million in Ivory Coast - Cape Verde<\/title>\n<meta name=\"description\" content=\"The ECOWAS Bank for Investment and Development (EBID) has so far invested an amount of USD 397 million in critical secto ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/cape-verde\/all-news\/ecowas-bank-invests-397-million-in-ivory-coast\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ecowas Bank invests $397 million in Ivory Coast - 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