IPNEWS: The ECOWAS Bank for Investment and Development (EBID) has approved a USD 40 million line of credit to Vista Gui to expand financing for Small and Medium-sized Enterprises (SMEs) and strengthen trade activities. This facility forms part of EBID’s broader initiatives to catalyze private sector-led growth across the ECOWAS region through targeted support to National Financial Institutions (NFIs). The agreement was formalized during a signing ceremony held on Monday, October 27, 2025.
Speaking during the ceremony, Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, reaffirmed the Bank’s commitment to inclusive and sustainable development through private sector empowerment. He noted that investing in the private sector is an important tool to combat the challenge
of youth unemployment faced by the sub-region. “This facility underscores EBID’s resolve to expand access to finance for SMEs and SMIs, which are the backbone of our economies, employing the majority of the workforce while adding to the regional value chain,” Dr Donkor said.
Vista Gui welcomed the partnership, highlighting its catalytic effect on the institution’s growth trajectory and service to the real economy in Guinea. The bank reiterated its commitment to deploy the funds efficiently and transparently, ensuring measurable outcomes in SME expansion, job creation, and trade facilitation. Mr. Kpakpovi Koffi
Goeh-Akue, Managing Director of Vista Gui SA, expressed gratitude to EBID for its steadfast support and reaffirmed the bank’s commitment to high-impact deployment of the facility.
With this new credit line, EBID further strengthens its role as a trusted development partner to West Africa’s financial sector, delivering innovative, market-responsive solutions that address binding constraints to private sector growth.
