EBID Welcomes AfDB as Its First Institutional Shareholder
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EBID welcomes AfDB as its first institutional shareholder
Sierra Leone Telegraph: 21 June 2026: The ECOWAS Bank for Investment and Development (EBID) is pleased to announce the entry of the African Development Bank Group (AfDB) into its shareholding, marking a major milestone in the Bank’s history and a significant step in the implementation of its transformation agenda. Following approval by its Board of Directors on 17 June 2026 in Abidjan, the AfDB has committed a USD 30 million equity investment in…
In Lomé, the ECOWAS Investment and Development Bank (BIDC) officially welcomed the African Development Bank (ADB) Group to its capital, which, approved by the Board of Directors of AfDB, made it the first institutional shareholder of BIDC, previously owned exclusively by ECOWAS member States.
Lomé, 19 June 2026 – The ECOWAS Investment and Development Bank (BIDC) announces with satisfaction the entry of the African Development Bank Group (ADB) into its capital, marking a major milestone in the history of the institution and a significant step forward in the implementation of its transformation agenda. Following the approval of its Board of Directors on 17 June 2026 in Abidjan, the AfDB Group has subscribed to an investment of US$30 mi…
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