| Organisation |
ECOWAS Bank for Investment and Development |
| Alternate Name |
|
| Abbreviation |
EBID |
| Parent |
ECOWAS Financial Institutions |
| u.r.l. |
http://www.ecowas.int/ |
|
http://www.bidc-ebid.org/ |
| email |
bidc@bidc-ebid.org |
| Country |
Togo |
| Location |
Lome |
| Address |
SIEGE SOCIAL, 128, Boulevard du 13 janvier, Lome |
| Postal Address |
BP : 2704 |
| Telephone |
(228) 221-68-64 |
| Management u.r.l. |
|
| Fax |
(228) 221-86-84; + 228 222 0433 |
| Sector |
Regional Economic Organisations |
| Organisation Type |
African Multilateral |
| Status |
Established Dec 1999 |
| Stated Role |
The ECOWAS Bank for Investment and Development is the financial arm of ECOWAS and has the status of an international financial institution. |
| Activities |
EBID seeks to:
- contribute to the realization of the objectives of the Community by supporting regional integration projects or any other development project under the private or public sector;
- contribute to the development of the sub-region by financing the special programmes of the Community. |
| Geographical Focus |
|
| Notes |
BIDC, institution of CEDEAO for the financing of development The Conference of the Heads of State and Government, decided in its twenty-second held Session on December 9, 1999, the transformation of the Funds of CEDEAO into a Regional Holding company with two specialized subsidiary companies. The Holding company is called Banque of Investment and of Development of CEDEAO (BIDC) and the two subsidiary companies are: the Regional Bank of Investment of CEDEAO (BRIC), intended for the financing of the private sector; and Funds Regional of Development of CEDEAO (FRDC), intended for the financing of the public sector. [ Retrieved on 02-11-06 - http://www.ecowas.int/ ] |