African Development Bank approves $50 million and EUR 50 million Trade Finance Transaction Line of Credit for ECOWAS Bank for Investment and Development (EBID) to enhance food security and boost agricultural value chains in the region

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By Africa Newsroom

On Feb 01, 2023

African Development Bank approves $50 million and EUR 50 million Trade Finance Transaction Line of Credit for ECOWAS Bank for Investment and Development (EBID) to enhance food security and boost agricultural value chains in the region

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a dual-currency Trade Finance Line of Credit for ECOWAS Bank for Investment and Development (EBID) comprising $50 million and EUR 50 million. An additional co-financing of $30 million for the credit line will come through the Africa…

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