{"id":482063,"date":"2025-06-25T21:00:42","date_gmt":"2025-06-25T21:00:42","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2025\/06\/25\/boad-13-new-operations-approved-bringing-cumulative-financing-to-9774-5-billion-fcfa\/"},"modified":"2025-06-25T21:00:48","modified_gmt":"2025-06-25T21:00:48","slug":"boad-13-new-operations-approved-bringing-cumulative-financing-to-9774-5-billion-fcfa","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/06\/25\/boad-13-new-operations-approved-bringing-cumulative-financing-to-9774-5-billion-fcfa\/","title":{"rendered":"BOAD: 13 new operations approved, bringing cumulative financing to 9,774.5 billion FCFA"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>\n<h6 class=\"wp-block-heading\"><strong>Lom\u00e9, June 25, 2025<\/strong> &#8211; The West African Development Bank (BOAD) continues its commitment to financing development in the UEMOA. Meeting via videoconference for its 146th ordinary session, the institution&#8217;s Board of Directors, chaired by Serge Ekue, approved 13 new operations for a total amount of <strong>273.3 billion FCFA<\/strong>, bringing BOAD&#8217;s cumulative financing since 1976 to <strong>9,774.5 billion FCFA<\/strong>.<\/h6>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to approving the minutes of the previous session held in Dakar, the directors praised the mid-term performance of the 2025 exercise and gave a favorable opinion on the status of debt recovery as of May 31.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Diversified financing in eight UEMOA countries<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The 13 approved projects reflect a willingness to support various sectors: industrial development, infrastructure, security, energy, training, social housing, and support for the private sector. Among the major operations:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Burkina Faso<\/strong>: support of <strong>36 billion FCFA<\/strong> to FBDES to support high-potential businesses and strengthen the fund&#8217;s capacities.<\/li>\n\n\n\n<li><strong>Ivory Coast<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>15 billion FCFA<\/strong> for the construction of a cocoa processing plant by JB Cocoa in Akoup\u00e9-Zeudji,<\/li>\n\n\n\n<li><strong>10 billion FCFA<\/strong> for the reconstruction of three markets in Yopougon,<\/li>\n\n\n\n<li><strong>37 billion FCFA<\/strong> for the construction of 1,100 social housing units in Yamoussoukro and Bouak\u00e9.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Niger<\/strong>: <strong>14 billion FCFA<\/strong> for road infrastructure reinforcement in Niamey to improve urban mobility.<\/li>\n\n\n\n<li><strong>Senegal<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>40 billion FCFA<\/strong> to strengthen communication means for internal security forces in Dakar, Diamniadio, and Saly,<\/li>\n\n\n\n<li><strong>30 billion FCFA<\/strong> for Senelec to partially settle its debt to independent electricity producers.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Benin<\/strong>: <strong>30 billion FCFA<\/strong> for phase 2 of the construction of three technical high schools in Cotonou, Abomey-Calavi, and Djakotomey.<\/li>\n\n\n\n<li><strong>Burkina Faso<\/strong>: <strong>30 billion FCFA<\/strong> to strengthen the operational capacities of the Boungou and Wahgnion mines.<\/li>\n\n\n\n<li><strong>Guinea-Bissau<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>7.45 billion FCFA<\/strong> for the construction of a 15 MW diesel thermal power plant in Bor,<\/li>\n\n\n\n<li><strong>8.85 billion FCFA<\/strong> for the capacity development of the PETROGAL company.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Mali<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>5 billion FCFA<\/strong> to expand the capacities of the butane gas filling center in Sala (Fouta Gaz),<\/li>\n\n\n\n<li><strong>10 billion FCFA<\/strong> for a refinancing line for AFG Bank Mali, aimed at financing SMEs.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Governance strengthening and acknowledgments<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Council members also reviewed the reports of the 50th meeting of the BOAD Audit Committee and the conclusions of the ordinary session of the UEMOA Council of Ministers held on April 3 in Dakar.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In conclusion, President Serge Ekue praised the professionalism of the teams that ensured the smooth running of the work and reaffirmed BOAD&#8217;s commitment to supporting structuring projects for the economies of the UEMOA<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Lom\u00e9, June 25, 2025 &#8211; The West African Development Bank (BOAD) continues its commitment to financing development in the UEMOA. Meeting via videoconference for its 146th ordinary session, the institution&#8217;s Board of Directors, chaired by Serge Ekue, approved 13 new operations for a total amount of 273.3 billion FCFA, bringing BOAD&#8217;s cumulative financing since 1976<\/p>\n","protected":false},"author":537202,"featured_media":482064,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2025\/06\/25\/boad-13-nouvelles-operations-approuvees-portant-les-financements-cumules-a-9-7745-milliards-fcfa\/","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12040],"tags":[],"class_list":["post-482063","post","type-post","status-publish","format-standard","has-post-thumbnail","category-international-institutions","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BOAD: 13 new operations approved, bringing cumulative financing to 9,774.5 billion FCFA - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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