The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, has signed a USD 10 million facility loan agreement with Vista Bank Sierra Leone on Monday October 27, 2025.
Under this facility, Vista Bank Sierra Leone intends to expand its lending to Small and Medium-sized Enterprises (SMEs) and corporate clients, and to support women and young entrepreneurs in the country.
Speaking at the signing, Dr George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, underscored the central role that SMEs play in driving regional resilience and competitiveness. He emphasised that supporting a vibrant entrepreneurial ecosystem, particularly in productive sectors such as agriculture and
agribusiness, is critical to enhancing food security, building local industries, and advancing regional value addition. “By channelling long-term, affordable financing to the real economy, EBID and Vista Bank Sierra Leone are equipping businesses with the resources they need to scale up operations, expand into regional markets, and
improve livelihoods”, Dr Donkor concluded.
Mr Pa Ousman Njie, Managing Director for Vista Bank Sierra Leone, reaffirmed the Bank’s readiness to efficiently deploy the facility to maximise development impact. He stated that with prudent credit allocation, robust risk management, and a focus on high-potential sectors, Vista Bank Sierra Leone aims to empower local value creation, broaden financial inclusion, and stimulate impactful economic activity.
This new engagement reinforces EBID’s wider regional footprint as the Bank continues to deliver financing that accelerates socio-economic transformation in the ECOWAS sub-region. With a growing portfolio across both public and private sectors, EBID remains focused on forging strategic partnerships to finance development-focused initiatives in line with its mandate of fostering the emergence of a more prosperous
West Africa.
About EBID
ECOWAS Bank for Investment and Development (EBID) is the Development Finance
Institution of the Economic Community of West African States (ECOWAS). Based in Lomé,
Togolese Republic, the Bank is committed to financing developmental projects and
programmes covering diverse initiatives from infrastructure and basic amenities, rural
development and environment, industry, and social services sectors, through its private and
public sector windows. EBID intervenes through long, medium, and short-term loans, equity
participation, lines of credit, refinancing, financial engineering operations, and related
services.
