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
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
2 hours ago
- Zawya
Berkshire Hathaway Specialty Insurance Promotions in the Middle East
BOSTON & DUBAI, United Arab Emirates --(BUSINESS WIRE)-- Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Aisling Malone to Deputy Senior Executive Officer and Head of Customer & Broker Engagement, and Joe Saab to Vice President, Head of Executive & Professional Lines, in the Middle East. 'These leadership promotions are in line with our ongoing growth and evolution in the region. Aisling will continue to bring her technical acumen and leadership to our underwriting, with expanded responsibility for third party lines. She also takes the reins of our newly created Customer & Broker Engagement function, focused on further strengthening our relations with ceding companies, producers and customers,' said Neeraj Yadvendu, SEO & Head of Middle East, BHSI. 'Joe has been instrumental in building our E&P practice from the start and will now lead us to the next level of success in the marketplace.' Aisling joined BHSI in 2018 and most recently served as Vice President and Head of Executive & Professional Lines. She has nearly 15 years of insurance industry experience. She is based in Dubai and reached at Joe joined BHSI in 2018 and most recently served as Assistant Vice President, Executive & Professional Lines. He has more than a decade of insurance industry experience. Joe is based in Dubai and reached at Berkshire Hathaway Specialty Insurance Company (incorporated in Nebraska, USA) provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance. The actual and final terms of coverage for all product lines may vary. In the Asia Middle East region, it underwrites on the paper of Berkshire Hathaway Specialty Insurance Company, which holds financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's. Based in Boston, Berkshire Hathaway Specialty Insurance has offices in Atlanta, Boston, Chicago, Columbia, Dallas, Houston, Indianapolis, Irvine, Los Angeles, New York, Plymouth Meeting, San Francisco, San Ramon, Seattle, Stevens Point, Adelaide, Auckland, Barcelona, Brisbane, Brussels, Calgary, Cologne, Dubai (Regulated by the Dubai Financial Services Authority), Dublin, Frankfurt, Hamburg, Hong Kong, Kuala Lumpur (Licensed by Labuan FSA as a General Reinsurer - IS2016165), London, Lyon, Macau, Madrid, Manchester, Melbourne, Milan, Munich, Paris, Perth, Singapore, Stockholm, Sydney, Toronto, and Zurich.


The National
3 hours ago
- The National
Investcorp Capital appoints industry veteran Sana Khater as chief executive
Investcorp Capital, an Abu Dhabi-listed asset manager, has appointed industry veteran Sana Khater as chief executive as the company embarks on the next phase of its growth. Ms Khater will take charge of Investcorp Capital, a unit of Mubadala Investment Company-backed Investcorp, on September 1, succeeding Mohamed Aamer, who has served as interim chief executive since March, the company said in a regulatory filing on Monday to the Abu Dhabi Securities Exchange, where its shares are traded. Mr Aamer will continue to lead Investcorp Capital until Ms Khater joins and will resign thereafter, the bourse statement said. Ms Khater brings more than 35 years of experience and has served in leadership roles at listed and private companies, including Abu Dhabi's Aldar, investment management company Waha Capital, alternative investment firm NBK Capital, as well as the National Bank of Kuwait. At Aldar, the top-listed developer in Abu Dhabi, Ms Khater worked as an executive director from 2021 to 2023 and as chief financial officer at Waha Capital from 2010 to 2020. She is currently chief financial officer and senior adviser at a family office in Abu Dhabi, Investcorp Capital said. 'Her exceptional leadership experience and deep expertise in financial services positions her well to steer Investcorp Capital through its next chapter,' said Mohammed Alardhi, chairman of Investcorp Capital. Investcorp Capital began trading on the ADX in 2023 following an initial public offering that raised Dh1.66 billion ($451 million) The parent Investcorp is an independent manager of alternative investments, with $59.7 billion in assets under management. The firm invests capital into funds managed or controlled by its clients, or directly into alternative investments, including private corporations, property assets and collateralised loan obligations. It has interests in private equity, real estate and credit management, and holds general partner positions in North America, Europe, the Middle East and Asia. Last year, Investcorp Capital agreed to invest in the $4.2 billion redevelopment of New York's JFK International Airport's Terminal 6 through its newly formed partnership with Corsair Capital – Investcorp Corsair Infrastructure Partners. In 2023, Investcorp bought a controlling stake in China's Shandong Jianuo Electronics (Jianuo), which provides specialised premium components used in high-end applications such as electric vehicle power management, battery charging infrastructure, solar and wind power generation and 5G base station infrastructure. Ms Khater said Investcorp Capital is at a 'pivotal time in its growth journey' and with its differentiated investment platform and offering, it is "well-positioned to create value through its exposure to the global alternatives space backed by over 42 years of Investcorp's track record".

Zawya
5 hours ago
- Zawya
Capacity building on medium-term expenditure framework (MTEF) process for Economic Community of West African States (ECOWAS) focal points
The Economic Community of West African States (ECOWAS) Commission is hosting the second phase of its capacity-building on Medium-Term Expenditure Framework (MTEF) process, taking place in Lagos, Nigeria from July 21st to 25th, 2025. This training is co-organized by the Human Resources Directorate in consultation with the Directorate of Budget and Treasury (DBT) and the Directorate of Strategic Planning, Monitoring, and Evaluation (SPME). This training will equip Focal Persons with the requisite tools and competencies to actively participate in the Medium-Term Expenditure Framework (MTEF) process, as well as the subsequent Management Arbitration meetings. In his opening remarks, Mr. Molokwu Azikiwe, Director of Budget and Treasury at ECOWAS, highlighted the significance of this framework in facilitating dialogue and finding solutions to enhance the MTEF process, with the ultimate goal of utilizing public resources to drive meaningful improvements in citizens lives. He also added that, this workshop offers a valuable opportunity for collaborative learning, problem-solving, and exchange of experiences. On behalf of the Vice President of the ECOWAS Commission, Mrs. Damtien L. Tchintchibidja, the Director of Strategic Planning, Monitoring, and Evaluation (SPME) at the ECOWAS Commission, Mr. Musa Gbogboto, stressed that the MTEF is a component that each Directorate needs to understand. ' This workshop will permit to align your activities with the programs and projects that exist within the community… and to understand how the vision 2050 is linked to the community strategic framework, and how that community strategic framework is linked to our programs and projects.' He added. This activity, organized in partnership with GIZ, marks the conclusion of Phase 2, which will wrap up on Friday, July 25th, and sets the stage for Phase 3, scheduled to take place next week, where another group of agents will receive training on the same theme. Distributed by APO Group on behalf of Economic Community of West African States (ECOWAS).