EBID

The African Development Bank Group and the ECOWAS Bank for Investment and Development (EBID) have signed an agreement for a dual currency line of credit, comprising $50 million and €50 million to support local agricultural businesses in West Africa. Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, and Solomon Quaynor, African Development Bank (AfDB) vice-president for Private Sector, Infrastructure, and Industrialisation, formalized the agreement during a signing ceremony at the African Development Bank’s Abidjan headquarters. Dr. Donkor said, “This credit facility illustrates BID’s continued efforts to mobilize adequate resources to honour its commitment to…