The ECOWAS Bank for Investment and Development (EBID) and the Government of the Republic of Guinea have signed two loan agreements, totalling EUR 123.451 million, aimed at enhancing education and training on agribusiness and expanding access to clean, reliable energy across the country.
These strategic partner- ships, signed on Monday, November 10, 2025, during a ceremony in Conakry, Guinea, underscore a shared commitment to sustainable development and economic diversification.
The two facilities will finance critical infrastructure projects in Guinea, namely: A EUR 28.28 million loan to finance the improvement and modernisation of four Agricultural high schools in the Republic of Guinea. This transformative initiative seeks to upgrade and modernise existing agricultural high schools spanning the four natural regions of Guinea.
The project is designed to equip young people with the technical knowledge and entrepreneurial skills necessary to become vital actors in the agricultural industry and boost the sector’s contribution to the national GDP.
A EUR 95.16 million loan will go towards the construction of three (3) micro hydroelectric power plants with a total capacity of 27.6 MW within the Senegal River basin.
Leave a Reply
Leave a Reply
