En marge de la réunion annuelle du Groupe de la Banque mondiale/ FMI, le jeudi October 12 in Marrakech, Morocco, the ECOWAS Investment and Development Bank (BIDC) and Vista Group Holding formalized a loan agreement in the amount of 50 million euros.

The agreement between the two partners is an initiative aligned with the ECOWAS SME support strategy for the period 2021-2025. The loan granted on this occasion is intended to support the expansion of small and medium-sized enterprises (SMEs) in ECOWAS. It aims to improve the capacity of SMEs to meet the growing demands of the population for consumer goods, agribusiness, technology, while continuing to build regional value chains for sustainable socio-economic development. Oragroup indicated that this agreement is part of its 2021-2025 strategy, according to which it aims to mobilize $1.35 billion by 2025 to finance 131 projects in the integration