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EBID Signs USD30 Million Credit Line with Access Bank

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EBID Signs USD30 Million Credit Line with Access Bank

… Other Financial Lifeline with Two Malian Companies

By: Michael Mike

ECOWAS Bank for Investment and Development (EBID) has signed a credit line of $30 million with Access Bank Plc in Ghana Small and Medium Enterprises (SMEs) to boost the agricultural business and related sectors, including processing, infrastructure, transport, and
women-owned businesses in the West African country.

The bank also signed two other separate finance agreements with two companies Baraka and Societe Niangadou Distribution Compagnie (NDC).

A statement from the bank on Wednesday read that: “On the side lines of the 30th Annual Meetings of the Afreximbank, the President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, has signed three separate finance agreements with three companies namely Baraka, Societe Niangadou Distribution Compagnie (NDC)
and Access Bank Plc on Tuesday June 20, 2023, in Accra, Ghana.”

According to the statement, the first agreement entails an extension of facility amounting to EUR 10 million, aimed
at increasing Baraka’s capacity to finance the supply of petroleum products to marketers and mining companies in the Republic of Mali. This follows a previous agreement in 2022, where EBID extended a facility of EUR 7 million to Baraka SBP for the acquisition of 47 tanker trucks, expanding the company’s fleet to meet the growing demands of the Malian economy.

The second agreement focuses on enabling Societe NDC SAU to expand its interventions in the energy sector of Mali as a petroleum product supplier. It provides a revolving facility of EUR 10 million for the importation and marketing of petroleum products.

The statement said together, these two agreements demonstrate EBID’s commitment to supporting projects in both the private and public sectors in Mali, with a cumulative commitment of 275 billion FCFA.

The third agreement involves a credit line of $30 million to Access Bank Plc in Ghana, dedicated to on-lending to Small and Medium Enterprises (SMEs) in the agricultural business and related sectors, including processing, infrastructure, transport, and women-owned businesses.

The statement said “Dr George Agyekum Donkor, President of EBID, emphasized that the signing of these agreements aligns with the bank’s strategic orientation to invest in the growth poles of ECOWAS Member States. He highlighted Mali as a landlocked, non-oil-producing country heavily dependent on fuel transported by tankers from neighboring countries.

“Dr Donkor stressed the importance of ensuring a consistent supply of petroleum products to support key economic activities, particularly in sectors such as industry and mining. He urged all stakeholders to utilize these facilities effectively to foster the transformation of ECOWAS communities.”

According to the statement, representatives from each company, including Mr. Sadio Bathily, Managing Director of Baraka, Mr. Mamadou Niangadou, Chief Executive Officer of Societe NDC SAU of Mali, and Mr. Olumide Olatunji Managing Director of Access Bank Plc, expressed their appreciation and commitment to utilizing the financing to drive growth, enhance operations, and contribute to the development of their respective sectors.

The statement added that: “The ECOWAS Bank for Investment and Development remains dedicated to its mandate of promoting economic and social development in the ECOWAS region through strategic investments and partnerships. These agreements signify EBID’s ongoing efforts to provide financial solutions that spur private sector development and contribute to the sustainable growth of the region.”

ECOWAS Bank for Investment and Development (EBID) is a leading regional investment and development bank, owned by the 15 ECOWAS Member States, namely, Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo. Based in Lomé, Togolese Republic, the Bank is committed to financing developmental projects and programmes covering diverse initiatives from infrastructure and basic amenities, rural development and environment, industry, and social services sectors, through its private and public sector windows.

EBID intervenes through long, medium, and short-term loans, equity participation, lines of credit, refinancing, financial engineering operations, and related services.

EBID Signs USD30 Million Credit Line with Access Bank

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ECOWAS Court Delegation Undertakes Study Visits on Enforcement of Human Rights Decisions

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ECOWAS Court Delegation Undertakes Study Visits on Enforcement of Human Rights Decisions

By: Michael Mike

A delegation from the Community Court of Justice (ECOWAS Court) led by the President of the Court, Justice Ricardo Cláudio Monteiro Gonçalves embarked on a study visit to the European Court of Human Rights in Strasbourg, and other key institutions in Sweden.

The tour, which took place between 23 and 29 November 2025, has as core objective to provide the delegation from the ECOWAS Court with practical insights into the enforcement of human rights judgments from regional and international courts.

According to a statement from ECOWAS Court, the weeklong visit focused on learning from the experiences of other international courts and institutions, while also providing a platform for the ECOWAS Court to share its own experiences.

The statement further revealed that the study visit was intended to enhance the ECOWAS Court’s enforcement mechanisms and significantly improve compliance with its human rights judgments.

The visit was organised by the Raoul Wallenberg Institute of Human Rights and Humanitarian Law (RWI) as part of its programme aimed at increasing the implementation of human rights decisions of continental and regional human rights institutions in Africa.

The delegation led by the President of the Court included the Hon. Vice-President of the Court, Justice Sengu Mohamed Koroma, and Members of the Court, Justice Gberi-Bè Ouattara and Justice Dupe Atoki. Others were the Chief Registrar of the Court, Director of Research and Documentation, as well as selected staff of the Registry, Administration and Finance Department and the Language Services division of the Court. Two staff of the Raoul Wallenberg Institute were also present.

ECOWAS Court Delegation Undertakes Study Visits on Enforcement of Human Rights Decisions

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Onaiyekan Asks Tinubu to Equip the Current Security Operatives for Better Performance, Drop Employment of 20,000 Policemen

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Onaiyekan Asks Tinubu to Equip the Current Security Operatives for Better Performance, Drop Employment of 20,000 Policemen

By: Michael Mike

Former Archbishop of Abuja Catholic Diocese, Cardinal John Onaiyekan has told President Bola Tinubu to treat as top priority the equipping of the present crops of policemen and security operatives to combat the perennial insecurity in the nation instead of giving order for the employment of additional 20,000 policemen.

Speaking at the 9th International Conference on Love and Tolerance in Abuja, the respected cleric warned that the nation cannot afford delays in tackling insecurity.

He said: “Right now in Nigeria, we have to build bridges so that all of us, Christians and Muslims, can jointly face our common enemy… Those who are killing us.

“We have finally agreed that we shall join hands and face them. And if we join hands, we can deal with them now. We should be able to deal with them.”

He added that: “With all these wonderful soldiers and police, we should be able to deal with them. I’m not even sure we need 20,000 more policemen. I believe they are the ones we have right now. Arm them well, treat them well, and they will do their job.”

He said: “There is no need to deploy 20,000 policemen. We could use the policemen we have. I’m not an expert, but to train them and then deploy them, for an emergency. Let the experts tell me how long does it take to deploy 20,000 people. I guess we are talking of one year. In one month, this country can be destroyed.”

“So I’m saying we should look at a strategy that will address the issue right now. We should equip the policemen we have now, who are already trained though, but they are carrying bags for madams. It’s good that they have been withdrawn; Let them start working.

“And let there be the political will to flush the terrorists out of the forest. And we are glad that the language that our president spoke yesterday; but weve been listening to that since two years ago.

“What do you have police for? That’s their job. It’s not even the job of the army. It’s the job of the police.” He said.

He also reflected on global religious harmony, warning that Nigeria faces increasing local polarisation despite global unity efforts, referencing the “Abu Dhabi document” signed by Pope Francis and the Grand Imam of Al Azhar.

A renowned activist and Former Kaduna Central Senator, Shehu Sani, highlighted the root causes of intolerance and conflict, noting that human differences in wealth, power, race, and religion often drive dominance and resistance.

He emphasized that differences are natural and unavoidable, and that peace and tolerance begin with recognizing and accepting human diversity.

Sani expressed concern over shrinking freedom of speech, insisting that the arrests and social media scrutiny threaten open dialogue, and urged that love, understanding, and respect for differing opinions are essential for building a harmonious society.

On his part, the President of UFUK Dialogue Foundation, Emrah Ilgen, whose organisation convened the international conference, said the gathering was created to address the urgent need for healing in a deeply divided world.

He said the theme “Bridging Divides: Building Trust in a Polarized World” was chosen to confront rising global and local tensions, emphasising that the world is experiencing dangerous levels of mistrust driven by misinformation, fear, ethnic divisions, and religious misconceptions.

He explained that UFUK Dialogue has, for more than a decade, committed itself to building bridges between communities and promoting dialogue that encourages understanding rather than suspicion.

“Humanity is strongest when it chooses dialogue over suspicion, compassion over conflict, and understanding over prejudice,” he said.

In his welcome address, Director General of the Institute for Peace and Conflict Resolution, Dr. Joseph Ochogwu, represented by Dr. Emmanuel Mamman, said Nigeria is facing deepening mistrust, widening identity divides, and increasing misinformation, stressing that trust must be rebuilt through fairness, dialogue, and inclusion of women and youths.

He said: “Polarization is not destiny. Mistrust, though deep, remains reversible.”

The DG added that traditional and religious institutions remain pillars of social harmony, and collaboration with groups like UFUK Dialogue is essential in restoring national cohesion.

Onaiyekan Asks Tinubu to Equip the Current Security Operatives for Better Performance, Drop Employment of 20,000 Policemen

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VP Shettima Mourns Passing Of Sheikh Dahiru Bauchi, Says Nigeria Has Lost A Beacon Of Knowledge

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VP Shettima Mourns Passing Of Sheikh Dahiru Bauchi, Says Nigeria Has Lost A Beacon Of Knowledge

By: Michael Mike

Vice President Kashim Shettima has expressed deep sadness over the passing of revered Islamic scholar, Sheikh Dahiru Usman Bauchi, leader of the Tijjaniyya Muslim Brotherhood in Nigeria, who died at the age of 101.

VP Shettima noted that Sheikh Dahiru’s extraordinary longevity was itself a divine blessing that allowed multiple generations of Nigerian Muslims to benefit from his profound knowledge, wisdom, and spiritual guidance.

In a condolence message on Thursday, the Vice President described the late spiritual leader as one of Nigeria’s greatest Islamic scholars whose teachings and exemplary life touched millions of Muslims across the country and beyond.

He said: “We have lost a spiritual guide, a teacher, and a moral compass whose dedication to Islamic scholarship spanned more than a century. Sheikh Dahiru Usman Bauchi was among the great pillars of Islamic knowledge in our time. His life was a demonstration of faith, learning, and service to Allah and humanity.

VP Shettima noted that the Sheikh’s extraordinary life allowed multiple generations of Nigerian Muslims to benefit from his profound knowledge, wisdom, and spiritual guidance.

He praised the late Islamic scholar’s lifelong commitment to spreading Islamic knowledge and his pivotal role in strengthening the Tijjaniyya Brotherhood in Nigeria and West Africa.

“We find comfort in knowing he lived a long, fulfilled life devoted to Allah and to uplifting humanity. His legacy of scholarship and service will continue to inspire us all,” the Vice President added.

“I pray that Almighty Allah will forgive his shortcomings and grant him Aljannatul Firdaus. May Allah also grant his family, the Tijjaniyya Brotherhood, and the entire Muslim Ummah the fortitude to bear this loss,” VP Shettima said.

VP Shettima Mourns Passing Of Sheikh Dahiru Bauchi, Says Nigeria Has Lost A Beacon Of Knowledge

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