Location
Benin, Burkina Faso, Côte d'Ivoire, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, The Gambia, Togo, Cape Verde
Topic
Access to Finance
Status
Completed
Year
2021-2022
The ECOWAS Bank for Investment and Development is the financial arm of the Economic Community of West African States and its 15 member states: Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.
The joint workplan developed with EBID covered technical trainings (trade finance, public procurement, …) and focused on skills management inside the institution. In order to enhance the knowledge and skills of its highly qualified staff, the Bank has defined the bases of a new learning approach and plans to launch an internal Academy.
This was supported by the ICR Facility by:
These trainings were adapted to online modular formats in order to be uploaded on the new LMS and to be integrated in an internal training programme. Staff from the human resources department and members of the newly created pool of trainers were trained on how to create content and how to manage the platform.
The ICR Facility supported EBID in building a coherent culture of learning and increasing its training offer in order to develop the skills of its staff.
Based on the learnings of the intervention, EBID set up a new learning management system, which launched in March 2023. Several of the recommendations of the trade finance strategic workshop have been implemented: one new person was hired to work specifically on the topic of trade finance, and one person was assigned to follow-trade finance activities in the back-office. Furthermore, EBID secured three new credit lines for trade finance amounting to a total of EUR 200 million.
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