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Can West Africa’s development bank scale up without taking on too much risk?

Man pushing truck with gallons of water in Benin. Photo by Dananjaya Nugraha @ Unsplash
Man pushing truck with gallons of water in Benin. Photo by Dananjaya Nugraha @ Unsplash
  • BOAD posts strong 2025 performance and growth
  • Targets CFA6.5tn ($11.4bn) financing for 2026–2030

 

ABIDJAN, IVORY COAST – The West African Development Bank (BOAD) is targeting CFA6.5tn ($11.4bn) in new financing through 2030 after posting strong financial performance in 2025.

The regional lender’s results underline its growing role as a key development financier in the West African Economic and Monetary Union (WAEMU), even as it faces mounting exposure to global financial volatility.

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