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3i Summit: Ghana signs $200 million MoU with EBID to support SMEs

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President Akufo-Addo has disclosed that Ghana has signed a Memorandum of Understanding (MoU) with the ECOWAS Bank for Investment and Development (EBID) to secure a $200 million facility for on lending to Small and Medium Enterprises (SMEs). Speaking on day one of the 3i Africa Summit, the president disclosed that the Finance Minister signed the MoU on behalf of Ghana on Friday May 10, 2024. “In furtherance of our objective of providing financial access to SMEs, the Minister for Finance and president of EBID signed last Friday in Togo, a MOU for 200 million dollar facility to disbused though the...
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