Public Management

BOAD grants $236 mln for 11 projects in WAEMU

Monday, 24 June 2019 17:25
BOAD grants $236 mln for 11 projects in WAEMU

(Ecofin Agency) - The West African Development Bank (BOAD) announced in a statement last week it is providing monies for 11 development projects within the WAEMU area.  

New financing includes seven mid- and long-term loans, totaling $199.7 million, directed to infrastructure projects. Beneficiary countries include Burkina Faso where the bank intends to grant $34.7 million for the Project to Boost Local Economies (PADEL) in 6 regions and $3.4 million for the rehabilitation of the Bobo-Dioulasso dry port.

Another $34.7 million will be used to develop and tar the Katchamba-Sadori section of the National Road 17 in Togo while $24.3 million will serve for the modernization of Niamey airport and the construction of Tillabéri airport in Niger.

More than $43.4 million will be steered in the site servicing plan and construction of 1,085 social and economic housing in Samanko, Mali. $52.09 million for the construction, rehabilitation and equipment of school facilities in Côte d'Ivoire and $6.9 million for the creation of an agro-industrial poultry complex in Toumodi, still in Côte d'Ivoire.

In addition to these projects, BOAD also plans two refinancing lines ($26.05 million), a short-term loan of $8.6 million, and a $2.08 million equity investment in Mansa Bank (Côte d'Ivoire).

Let’s note that these transactions bring the total commitments (all transactions combined) of BOAD to more than $9.8 billion, since it was created.

Moutiou Adjibi Nourou 

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Telecom


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.