The ECOWAS Bank for Investment and Development ("EBID" or the "Bank") is the Development Finance Institution of the fifteen (15) Member States of the Economic Community of West African States (ECOWAS). EBID contributes to the economic development of West Africa not only through the financing of public and regional projects but also through the financing of the private sector by granting loans and guarantees to enterprises. Translated with DeepL.com (free version)
The Bank is launching a pioneering initiative on the financial market in the WAEMU zone: the first Green, Social and Sustainability Bond (GSS Bond), amounting to FCFA 70 billion. This issue, which will be offered via a Public Offering, is part of the Bank's strategic plan to finance investments to boost the economies of its member states. This initiative corresponds to the third tranche of the CFA 240 billion fund-raising previously initiated by the Bank on the regional financial market. To carry out this operation, the Bank has mandated a Consortium made up of IMPAXIS, Coris Bourse and Ecobank Development Corporation (EDC).
In its mission as a development finance institution for the region, EBID aims to be a catalyst for post-COVID-19 economic recovery within ECOWAS. Through this operation, EBID wishes to reaffirm its commitment to playing a major role in supporting Member States in creating jobs and wealth and reducing poverty by financing investment projects that are sustainable, profitable and beneficial to all.
BENIN : AfricaBourse, AGI, BIIC Financial Services (BFS), SGI Benin, United Capital for Africa / BURKINA FASO : Coris Bourse, SA2IF, SBIF / COTE D’IVOIRE : Attijari Securities West Africa (ASWA), Atlantique Finance,BICI Bourse, BNI Finances, BOA Capital Securities, BRIDGE Securities, EDC Invetstment Corporation, Hudson & CIE, MAC-AFICAN-SGI, Matha Securities, NSIA Finance, Oragroup Securities, Phoenix Capital Management, Sirius Capital, SG – CSWA / MALI : CIFA Bourse, SGI Mali, Global Capital, CIFA Bourse / NIGER : SGI Niger / SENEGAL : ABCO Bourse, CGF Bourse, Everest Finance, Impaxis Securities, Finance Gestion et Intermédiation, Invictus Capital Finance / TOGO : SGI Togo
This transaction has been authorised by the Autorité des Marchés Financiers of the West African Monetary Union (AMF-UMOA) under visa N° EOP/24-01