Corporate Social Responsibility – EBID Supports Education and Human Development in the Ecowas Member States

The ECOWAS Bank for Investment and Development (EBID) has reaffirmed its dedication to fostering socio-economic development through education, with a recent investment of USD 67,472 in infrastructure development at Kwanyako Technical High School in the Central Region of Ghana.

The project was undertaken as part of EBID’s Corporate Social Responsibility (CSR) initiative, which prioritizes improving the quality of life for communities in the ECOWAS sub-region by supporting activities aligned with the UN Sustainable Development Goals among others.

Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, who commissioned the perimeter wall at the school’s ceremonial grounds on Thursday January 23, 2025, stressed that this investment is crucial in addressing the challenges faced by sub-Saharan Africa, where the average upper secondary completion rate stands woefully at 44%. By reinforcing the safety of students and protecting them from external distractions, EBID aims to create a conducive learning environment that fosters academic excellence and character development, he stated.

Dr. Donkor further emphasized the importance of education in shaping the future of Africa, quoting Martin Luther King’s profound statement, “Intelligence and character, that is the goal of a true education.” He advised students to strive for academic excellence while building strong character and adopting high standards of integrity.

This investment is a demonstration of EBID’s unwavering commitment to supporting education in the sub-region and contributing to the development of its human capital. As a regional Development Finance Institution, EBID recognizes the critical role that education plays in driving socio-economic development and is dedicated to providing support to initiatives that promote educational excellence and inclusivity.