Moroccan group Bank of Africa (BOA) will spend CFA40 billion to support the private sector in 15 ECOWAS States. The funds – a credit facility – will be provided to the ECOWAS Bank for Investment and Development (EBID) which is based in Lomé, Togo.

BOA and EBID signed the related partnership agreement recently in Lomé. The credit facility concerns the trade and industry sectors.

For more information, please see https://www.togofirst.com/en/banking/1211-8932-ecowas-ebid-gets-cfa40-billion-from-moroccan-boa-group-to-finance-the-private-sector