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Ecowas Bank for Investment and Development (EBID)

Overview

The Ecowas Bank for Investment and Development (EBID) is a regional financial institution that aims to promote economic development and integration in West Africa. Established in 1999, EBID is headquartered in Abuja, Nigeria, and has 15 member states: Benin, Burkina Faso, Cape Verde, Côte d'Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo.

Objectives

EBID's primary objectives are:

  1. To promote economic development and integration in West Africa through investment and development projects.
  2. To provide financial assistance to member states and private sector entities for projects that contribute to economic growth and development.
  3. To promote regional cooperation and integration through the development of infrastructure, industry, and services.

Services

EBID offers a range of services, including:

  1. Project financing: EBID provides financing for projects in various sectors, including infrastructure, industry, agriculture, and services.
  2. Trade finance: EBID provides guarantees and financing for international trade transactions.
  3. Corporate finance: EBID provides financing for corporate clients, including private sector companies and financial institutions.
  4. Advisory services: EBID provides technical assistance and advisory services to member states and private sector entities.

Investment Opportunities

EBID offers various investment opportunities, including:

  1. Bonds: EBID issues bonds to raise funds for its operations and projects.
  2. Equity investments: EBID invests in private sector companies and financial institutions in West Africa.
  3. Project finance: EBID provides financing for projects in various sectors, including infrastructure, industry, and services.

Contact Information

Ecowas Bank for Investment and Development (EBID) Plot 101, Yakubu Gowon Crescent, Asokoro, Abuja, Nigeria Phone: +234 9 461 3000 Fax: +234 9 461 3001 Email: [email protected] Website: www.ebid.org