The ECOWAS Bank for Investment and Development (EBID) has entered into a strategic partnership with the European Investment Bank (EIB) to mobilise €300 million for clean energy projects across the Economic Community of West African States (ECOWAS) region.
The collaboration, supported by the European Union (EU), aims to accelerate the transition to renewable energy, drive climate action, and enhance economic development in the sub-region.
A statement signed by Anita Somda-Dala, Head of Communications at EBID, highlighted that the partnership demonstrates the commitment of both institutions to fostering sustainable investments in West Africa.