Consolidated Bank Secures USD 50 Mn From EBID For Infrastructure Development

Consolidated Bank Ghana Limited (CBG) has been granted a USD 50 Mn facility by the ECOWAS Bank for Investment and Development (EBID) to finance Ghana’s road infrastructure development.

The move exemplifies EBID’s development commitment to address the West African sub-massive region’s infrastructure deficit, which aligns with Ghana’s development agenda to boost socio-economic growth by developing a reliable road network across the country. This line of credit will also offer a boost to the government’s growth efforts.

ECOWAS Bank for Investment and Development (EBID) is a leading regional investment and development bank owned by the 15 ECOWAS Member States committed to funding developmental projects and programs spanning infrastructure and basic facilities, rural development and environment, business, and social services.