Accra, Ghana – May 29, 2025 — The newly appointed Chairman of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has held his first official meeting with the President of the Bank, Dr. George Agyekum Donkor, marking a significant step in strengthening the institution’s leadership and regional development agenda.
During the meeting, Dr. Donkor presented a comprehensive update on the Bank’s performance and strategic outlook. Notably, EBID has successfully transitioned from a period of financial losses and is now firmly on a path of recovery. As of the end of 2024, the Bank had committed $4.5 billion to development projects across the ECOWAS sub-region, signaling renewed confidence in its operations and mission.
The meeting also provided an opportunity to address pressing regional matters, including the recent withdrawal of some AES member states from ECOWAS. The Chairman emphasized the collective stance of ECOWAS Heads of State, reaffirming that regional reintegration remains a top priority.
“It is in the best interest of our region to bring back our brothers and sisters who have stepped away. Our unity is our strength,” he stated.
He commended the ongoing diplomatic efforts led by former President John Dramani Mahama, describing them as crucial to restoring cohesion within the West African bloc.
As Chairman of the EBID Board of Governors, he expressed his commitment to working closely with member states, development partners, and the Bank’s leadership to deepen EBID’s impact and accelerate regional progress.
“With a strong and stable EBID, we can unlock transformative opportunities across West Africa,” he added.
This meeting sets the tone for a renewed era of collaboration and strategic development as EBID continues its mission to foster economic growth and integration in the ECOWAS region.
By : Daryl Kofi Doku