It is at the headquarters of the ECOWAS Bank for Investment and Development (EBID), in the Togolese capital, that the Institution and Afriland First Bank Côte d'Ivoire SA formalized a partnership. The agreement, worth ten billion (10,000,000,000) CFA francs, constitutes a credit line dedicated to short and medium-term financing of Ivorian companies, in particular micro, small and medium-sized enterprises (MSMEs) and mid-sized companies.
The funds mobilized will irrigate key sectors of the economy Ivorian, namely health, education, agro-industry, manufacturing industry, trade, construction, services and technology. This sectoral targeting reflects the desire of both parties to support inclusive and diversified growth, beyond traditional sectors.
This agreement concretely illustrates the conviction that “investing in SMEs means investing in ideas, talents and, above all, in the future”, as the EBID underlined following the signing.