Institutional Relations

Over the last few decades, BOAD has built up solid cooperative relationships with its strategic partners, who have provided constant support to enable it to consolidate its action in the service of the people of the WAEMU. Through the granting of numerous lines of credit, subsidies for capacity-building programs and donations for the implementation of various initiatives, notably in favor of the climate, the Bank's long-standing partners have given it the financial and technical resources to become a melting pot of skills and experience dedicated to financing development projects.

Strategic partners

The Bank’s strategic partners strategic partners are long-standing allies who support it across various areas of intervention, including the provision of financing, technical assistance, and targeted initiatives..

Technical partners

Technical partners provide the Bank with technical assistance in specific areas or sectors, thereby contributing to capacity building for the Bank’s teams and certain stakeholders.

Financial partners

The financial partners of the West African Development Bank provide it with lines of credit and/or treasury facilities, and collaborate with the Bank in the co-financing of projects.

Perspectives

As part of its 2021–2025 strategic plan, the Djoliba Plan, BOAD has adopted an ambitious and forward-looking approach aimed at significantly scaling up its impact. This ambition is supported by a renewed vision and a redefinition of the Bank’s partnerships, aligned with its strategic objectives.

In line with the Djoliba Plan, BOAD has placed sustainability at the heart of its priorities. A dedicated Department for Innovation and Sustainable Development has been established to lead this effort, notably through the « ESG by Design » program, launched in September 2022. This program aims to integrate ESG (Environmental, Social, and Governance) criteria into all of the Bank’s operations in a systematic and sustainable way.

This ambition calls for a redefinition of BOAD’s partnership approach, which must be reflected in:

Deepening existing relationships by identifying new areas of collaboration with traditional partners;
Establishing new partnerships that incorporate, among other things, sustainable development issues;
Actively participating in initiatives related to sustainable finance, as well as in high-level forums and working groups dedicated to this area.

To this end, BOAD is committed to strengthening cooperation with its traditional partners while forging new partnerships aligned with its strategic vision.