President Of Economic Community of West African States (ECOWAS) Bank Congratulates Sierra's President Julius Maada Bio On His Election As Economic Community of West African States (ECOWAS) Chairman, Assures ECOWAS Bank for Investment and Development (EBID)'s Full Support For His Developmental Agenda
Dr. George Agyekum Donkor, President of the ECOWAS Bank for Investment and Development (EBID), has extended heartfelt congratulations to President Julius Maada Bio on his recent election as Chairman of ECOWAS Authority. In a congratulatory letter, Dr. Donkor emphasized that the election reflects the sub-region's strong confidence in President Bio's leadership. He also commended the President's proven governance record and expressed optimism that his leadership will effectively tackle pressing regional issues such as economic growth, peace, and security throughout West Africa.
The ECOWAS Bank for Investment and Development (EBID) stands as a premier financial institution dedicated to advancing economic progress across West Africa. Based in Lomé, Togo, EBID finances critical sectors including infrastructure, agriculture, energy, and small to medium enterprises (SMEs). The Bank is instrumental in promoting regional integration, strengthening the private sector, and reducing poverty within ECOWAS member countries.
During the 67th Ordinary Session of the ECOWAS Authority of Heads of State and Government in Abuja, Dr. Donkor also engaged in a productive discussion with President Bio. He reaffirmed EBID's commitment to supporting Sierra Leone's developmental priorities and lauded President Bio's leadership. Dr. Donkor pledged to explore potential areas of collaboration between EBID and Sierra Leone.
President Bio's new role as ECOWAS Chairman highlights Sierra Leone's expanding influence in regional affairs and represents a pivotal achievement for the nation. His tenure is expected to focus on fostering sustainable economic development, empowering communities, and revitalizing cultural heritage across West Africa.
Distributed by APO Group on behalf of State House Sierra Leone.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
19 hours ago
- Zawya
DHL Express appoints Mansour AlHajjaj as new Country Manager for Saudi Arabia operations
Manama, Bahrain – DHL Express, the leading global express and logistics provider, has appointed Mansour AlHajjaj as the new Country Manager for its Saudi Arabia operations. The appointment marks a significant milestone in Mansour's career with DHL Express, which began in 2006. With nearly two decades of experience within the organisation, Mansour has held several key roles across customer service functions, consistently driving performance excellence and nurturing strong client relationships. In 2020, he stepped into a senior leadership position where he successfully led the transformation of customer services into a high-performing function and steered the retail team towards achieving double-digit growth. Mansour is recognised for his forward-thinking leadership and commitment to innovation. Under his guidance, DHL Express Saudi Arabia has earned multiple external accolades for service excellence. He has also played a major role in enhancing employee engagement and people development, effectively improving team culture and significantly reducing turnover. Additionally, his efforts to foster greater collaboration with supervisory authorities and government entities have further strengthened DHL's partnerships across the Kingdom. Commenting on his new role, Mansour AlHajjaj said, 'It is a great honour to lead DHL Express Saudi Arabia at a pivotal time in the Kingdom's journey toward Vision 2030, a vision that continues to position the country as a global logistics hub and a vital engine of regional and international trade. Aligned with this national ambition, we remain committed to strengthening our operational network, accelerating investments in infrastructure and innovation, and driving sustainable logistics solutions that deliver long-term impact. Above all, we will continue to invest in our people, the true driving force behind our success and the foundation of our continued leadership in the logistics sector.' With Mansour as Country Manager, DHL Express reaffirms its strategic focus on contributing to Saudi Arabia's evolving economic vision by offering services that strengthen the Kingdom's growing logistics landscape. -Ends- This press release has been issued by TRACCS Bahrain. For further information, please contact Noor Alshuwaikh Email:
Zawya
20 hours ago
- Zawya
Afreximbank Appoints Dr. George Elombi as Next President
The shareholders of the African Export-Import Bank (Afreximbank) ( have appointed Dr. George Elombi as the next President and Chairman of the Board of Directors of the continental financial institution. He becomes the fourth President to lead the Bank since its establishment in 1993. His appointment was one of the key decisions of the 32 nd Afreximbank group annual meetings and associated events held in Abuja, Nigeria, from 25 to 28 June, with the formal annual general meeting of shareholders taking place on Saturday, 28 June 2025. He succeeds Professor Benedict Oramah, who has served as President and Chairman of the Board of Directors since 2015, and who will be stepping down in September 2025. A Cameroonian national, George Elombi has been with Afreximbank since 1996, joining as a Legal Officer. He rose through the ranks to become Executive Vice President, Governance, Legal and Corporate Services. Over his nearly three decades at the Bank, he has served as Director and Executive Secretary (2010–2015); Deputy Director, Legal Services / Executive Secretary (2008–2010); Chief Legal Officer (2003–2008); and Senior Legal Officer (2001–2003). Prior to joining Afreximbank, he taught law at the University of Hull, United Kingdom. Dr. Elombi played a pivotal role in establishing Afreximbank group's structure, including the formation of key subsidiaries that have expanded the Bank's capacity to deliver on its mandate. As Chair of the Emergency Response Committee, he led the Bank's response to the COVID-19 crisis, mobilising over $2 billion for vaccine acquisition and deployment across African and Caribbean nations. Under his supervision of the Equity Mobilisation and Investor Relations department, the Bank's total ordinary equity mobilised amounted to USD 3.6 billion as at April 2025. In his acceptance speech, Dr. Elombi expressed a deep commitment to the Bank's mission and future, stating: 'I have worked alongside remarkable colleagues and extraordinary leaders to help shape this institution's vision, its mandate as well as its growth. As we look to the future, I see Afreximbank as a force for industrialising Africa and for re-gaining the dignity of Africans wherever they are. I will work to preserve this important asset.' He accepted the shareholders' desire as expressed by his predecessor to make the institution a US$250 billion bank in ten years. Dr. George Elombi holds a Master of Laws (LL.M.) from the London School of Economics, University of London, and a Ph.D. in commercial arbitration from the same university. He obtained a 'Maitrise-en-Droit' from the University of Yaoundé in 1989. His appointment followed a rigorous selection process initiated in January 2025, which included a global call for applications published in international media and on the Afreximbank website. Shortlisted candidates were interviewed by an international human resource executive search firm. The top candidates were presented to the Board of Directors, which recommended Dr. Elombi to the General Meeting of Shareholders for final approval. Under the Afreximbank Charter, a president is appointed by the general meeting of shareholders upon the recommendation of the Board of Directors for a term of five years, renewable once. Distributed by APO Group on behalf of Afreximbank. Follow us on: Twitter Facebook LinkedIn Instagram About Afreximbank: African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa's trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank's total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody's (Baa1), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, "the Group"). The Bank is headquartered in Cairo, Egypt.
Zawya
a day ago
- Zawya
Visit of Prime Minister to Ghana, Trinidad & Tobago, Argentina, Brazil, and Namibia (July 02 - 09)
Prime Minister Shri Narendra Modi will undertake a visit to Ghana from July 02-03, 2025. This will be Prime Minister's first ever bilateral visit to Ghana. This Prime Ministerial visit from India to Ghana is taking place after three decades. During the visit, Prime Minister will hold talks with the President of Ghana to review the strong bilateral partnership and discuss further avenues to enhance it through economic, energy, and defence collaboration, and development cooperation partnership. This visit will reaffirm the shared commitment of the two countries to deepen bilateral ties and strengthen India's engagement with the ECOWAS [Economic Community of West African States] and the African Union. In the second leg of his visit, at the invitation of the Prime Minister of the Republic of Trinidad&Tobago, H.E. Kamla Persad-Bissessar, Prime Minister will pay an Official Visit to Trinidad&Tobago (T&T) from July 03 - 04, 2025. This will be his first visit to the country as Prime Minister and the first bilateral visit at the Prime Ministerial level to T&T since 1999. During the visit, Prime Minister will hold talks with the President of Trinidad&Tobago, H.E. Christine Carla Kangaloo, and Prime Minister H.E. Kamla Persad-Bissessar and discuss further strengthening of the India-Trinidad&Tobago relationship. Prime Minister is also expected to address a Joint Session of the Parliament of T&T. The visit of Prime Minister to T&T will impart fresh impetus to the deep-rooted and historical ties between the two countries. In the third leg of his visit, at the invitation of the President of Republic of Argentina, H.E. Mr. Javier Milei, Prime Minister will travel to Argentina on an Official Visit from July 04-05, 2025. Prime Minister is scheduled to hold bilateral talks with President Milei to review ongoing cooperation and discuss ways to further enhance India-Argentina partnership in key areas including defence, agriculture, mining, oil and gas, renewable energy, trade and investment, and people-to-people ties. The bilateral visit of Prime Minister will further deepen the multifaceted Strategic Partnership between India and Argentina. In the fourth leg of his visit, at the invitation of President of the Federative Republic of Brazil, H.E. Luiz Inacio Lula da Silva, Prime Minister will travel to Brazil from July 5-8, 2025 to attend the 17th BRICS Summit 2025 followed by a State Visit. This will be Prime Minister's fourth visit to Brazil. The 17th BRICS Leaders' Summit will be held in Rio de Janeiro. During the Summit, Prime Minister will exchange views on key global issues including reform of global governance, peace and security, strengthening multilateralism, responsible use of artificial intelligence, climate action, global health, economic and financial matters. Prime Minister is also likely to hold several bilateral meetings on the sidelines of the Summit. For the State Visit to Brazil, Prime Minister will travel to Brasilia where he will hold bilateral discussions with President Lula on the broadening of the Strategic Partnership between the two countries in areas of mutual interest, including trade, defence, energy, space, technology, agriculture, health and people to people linkages. In the final leg of his visit, at the invitation of the President of the Republic of Namibia, H.E. Dr. Netumbo Nandi-Ndaitwah, Prime Minister will embark on a State Visit to Namibia on July 09, 2025. This will be the first visit of Prime Minister to Namibia, and the third ever Prime Ministerial visit from India to Namibia. During his visit, Prime Minister will hold bilateral talks with President Nandi-Ndaitwah. Prime Minister will also pay homage to the Founding Father and first President of Namibia, Late Dr. Sam Nujoma. He is also expected to deliver an address at the Parliament of Namibia. The visit of Prime Minister is a reiteration of India's multi-faceted and deep-rooted historical ties with Namibia. Distributed by APO Group on behalf of Ministry of External Affairs - Government of India.
