The ECOWAS Bank for Investment and Development (EBID), organized this May 25, 2023, at its headquarters, an open day. The activities of these events, which are part of the celebration of ECOWAS week, allowed schools, universities and other guests to know the missions, objectives and intervention strategies of the regional financial institution as well as the role of its member countries.
Within the framework of the activities of the celebration of the week of the Economic Community of West African States (ECOWAS), the Bank for Investment and Development of ECOWAS (EBID), organized yesterday, a day open doors, which is part of a series of activities planned to be held from May 24 to 26 at the institution’s headquarters in Lomé. This week of ECOWAS, placed under the sign of shared prosperity, is an opportunity for the bank to make itself better known by the populations of the Member States and to make them understand its vision which is that of being an effective instrument of fight against poverty. Also, this financial institution participates in the creation of wealth and the promotion of employment for the well-being of the populations of the region.
The activities to be carried out during this week include: presentation videos of EBID projects, visits to the various stands of member countries, panels, conferences, etc. For this edition, the focus is on the schools and training institutes of Lomé, which made the trip as part of this open day in order to follow and discover the realities offered by this bank.
Visitors browsed the various stands of the Regional Agency for Agriculture and Food (ARAA) to find out about the programs and regional investment plans as well as the departments of the Bank.
According to the explanations of the Director of Administration and General Services of EBID, Mr. Ezin Francis, EBID is an international financial institution created by 15 Member States of ECOWAS. It comprises two windows, one of which is intended for the promotion of the private sector and the other for the development of the public sector. According to him, its main objective is to contribute to the economic development of West Africa through the financing of public and private projects in the fields of transport, energy, telecommunications, industry, etc
The events continue today with an intervention by the President of EBID and a panel on the “role of development finance institutions (DFIs) in promoting growth and sustainable development in West Africa.
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