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Support for SMEs: the BIDC approves a $40 million financing line in favor of Vista Gui

30/10/2025
Source : ORISHAS FINANCE
Categories: Sectors

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At a signing ceremony held on Monday, October 27, 2025, the Investment and Development Bank of ECOWAS (Bidc) has approved a 40 million USD credit line to Vista Gui in order to extend the financing small and medium-sized enterprises (SMEs) and strengthening commercial activities.

A press release indicated that a line of Credit is part of the wider initiatives of the BIDC aimed at catalyzing private-sector-led growth across the region from ECOWAS grace to targeted support to national financial institutions (NFIs). During the ceremony, Dr George Agyekum Donkor, President of the BIDC and its Council of administration, reaffirmed the Bank's commitment to a inclusive and sustainable development through the empowerment of the private sector. He emphasized that investing in the private sector is an important tool to combat the youth unemployment challenge facing the subregion.

The latter indicated that “this facility underlines the the determination of the BIDC to expand access to finance for SMEs and SMIs, which are the backbone of our economies, employ the majority of the workforce work and contribute to the regional value chain.”

Vista Gui welcomed this partnership, underlining its catalytic effect on the growth trajectory of the institution and its service to the real economy in Guinea. Thanks to this new credit line, the BIDC reinforces its role as a partner of confidence-building of the financial sector in West Africa.

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