In a welcome address to the 24th Ordinary Session of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID), Ghana’s Finance Minister and EBID Board of Governors Chair, Dr. Cassiel Ato Forson, reviewed the Bank’s 2025 performance and flagged shortfalls in Member States’ capital subscription payments following a missed December 2025 deadline. EBID’s balance sheet rose from USD 1.97 billion in 2024 to USD 2.39 billion at end-2025, while profit increased from USD 8.55 million to USD 9.75 million. Project approvals were reported as up 50 percent and commitments up over 83 percent to USD 813.77 million, with an emphasis on energy and transport infrastructure; the Bank also mobilised over USD 510 million and EUR 310 million for priority projects and reported an additional USD 100 million in capital mobilisation. The address also cited Moody’s and Fitch reaffirmations at B2-Stable and B-Stable, Green Climate Fund accreditation, and the opening of an Abidjan regional office. The speech referenced a 2022 Board decision to raise EBID’s authorised capital to USD 3.4 billion and to call a third tranche of subscriptions of USD 411.4 million, with full payment due by December 2025. Dr. Forson said only Ghana, Côte d’Ivoire, Guinea, and Togo had fully met their obligations, with USD 102.5 million received in 2025 and arrears standing at about USD 256 million, and urged Member States to complete their payments.
Ministry of Finance (Ghana) 2026-04-14
Ghana's Ministry of Finance highlights EBID’s 2025 results and urges ECOWAS members to clear about USD 256 million in capital subscription arrears
Ghana’s Finance Minister, as Chair of the ECOWAS Bank for Investment and Development Board, reported strong 2025 performance, including balance sheet growth to USD 2.39 billion, higher profits, increased project approvals and commitments, successful capital mobilisation, and reaffirmed B2-Stable and B-Stable ratings. He noted that, despite a 2022 decision to raise authorised capital to USD 3.4 billion and call a third tranche of USD 411.4 million by December 2025, only four Member States have fully paid, with USD 102.5 million received in 2025 and about USD 256 million in arrears, and urged completion of outstanding subscriptions.