EBID signs €40m credit line with ODDO BHF

In:

Agriculture/food chain, Renewable energy, Traditional energy

Region:

Middle East & Africa, Europe

The ECOWAS Bank for Investment and Development (EBID) and Franco-German financial services group ODDO BHF have signed a framework agreement for an uncommitted credit line of €40 million.

The scope of the financing, by ODDO BHF to EBID, is flexible as it is designed for project-related transactions throughout the ECOWAS region, which include supplies from Europe officially supported by export credit agencies such as Atradius of the Netherlands, Bpifrance Assurance Export, or Germany's Euler Hermes.

Both EBID and ODDO BHF are already in advanced discussions on various projects in areas such as renewable energy, agribusiness and pharmaceutical production.

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