EBID, the financial arm of ECOWAS, is an international financial institution established by the 15 Member States of the community. It has two windows, one of which is intended to promote the private sector and other public sector development. It is based in Lome, Togo.
Its main objective is to contribute towards the economic development of West Africa through the financing of ECOWAS projects and programmes, notable among which are programmes relating to transport, energy, telecommunications, industry, poverty alleviation, the environment and natural resources.
EBID is involved in the ECOWAS zone made up of the following Member States: Benin , Burkina Faso, Cabo Verde, Cote d'Ivoire, The Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.