EBID extends a CFAF 10 billion financing facility to BHCI to strengthen housing development and real estate value chains in Côte d'Ivoire
The ECOWAS Bank for Investment and Development (EBID) and the Banque de l'Habitat de Côte d'Ivoire (BHCI) signed a CFAF 10-billion financing agreement on 2 September 2026 to support housing finance and strengthen access to funding for SMEs and SMIs operating across Côte d'Ivoire's real estate value chain.
EBID has extended a CFAF 10 billion financing facility to BHCI in order to bolster housing development and real estate value chains in Côte d'Ivoire. This move aims to strengthen BHCI's capacity to provide loans to households, SMEs, and SMIs operating in construction, real estate development, public works, and related services. The facility is expected to increase housing supply, stimulate economic activity, and generate jobs, addressing the rapid urbanization and persistent housing shortage in Côte d'Ivoire.
EBID's President and Chairman, Dr. George Agyekum Donkor, emphasized that the operation will help expand access to housing finance, foster SME growth, and create jobs in a sector crucial to inclusive growth and community well-being. BHCI's Chairman, Mr. Soungalo N Golo Coulibaly, hailed the agreement as a significant step towards their mission of financing housing and supporting industry actors.
The operation aligns with EBID's Growth, Resilience and Optimisation (GRO) Strategy, which focuses on promoting sustainable regional growth, enhancing economies' resilience, and maximizing financing's development impact in support of regional integration and economic transformation.
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