The ECOWAS Bank for Investment and Development (EBID) plans to double its balance sheet to about $4.4bn to support larger infrastructure financing.
The African Development Bank Group has become the first IDI to join the shareholder base of ECOWAS' EBID, committing a $30mn equity investment and a $70mn credit line.
The BRVM is pitching itself as a gateway to the fast-growing region, as it pursues deeper regional integration and a wave of new listings.
Frontier economies have seen a sharp slowdown in investment growth and an increase in fiscal and financial vulnerabilities.
Development bank expanded to sub-Saharan Africa and Iraq in 2025 while also ramping up support for Ukraine.