Annual report

2010

Project Description

Description

For seven of the eight Member States of BOAD, the year 2010 has been a special one, marked by the commemoration of the fiftieth anniversary of accession to national sovereignty. BOA D contributed towards the celebrations by organizing in Lome on 15 and 16 June, an international forum on the theme “Sustainable Development and Major Structuring Projects: Evaluation of achievements and new challenges to be taken up”. The forum provided an opportunity for the joint preparation of an economic and social assessment of the fifty years of independence.

It also provided an opportunity for sharing new visions and ambitions, in the hope that the next fifty-year period would be the one of the emergence of WAEMU countries in particular and African countries in general.

In the course of the year 2010, WAEMU recorded quite a good economic performance, drawing upon the positive results of the gradual recovery of the world economy. The real GDP growth in the zone was 4.0%, compared to 2.8% in 2009.

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