Between 2021 and 2025, the West African Development Bank (BOAD) will support several development projects in the West African Economic and Monetary Union (UEMOA) to the tune of 3,300 billion CFA francs.

BOAD's 2021-2025 Djoliba Strategic Plan is aimed at five priority sectors: agriculture and food security, renewable energies, basic infrastructure, health, education and social housing. This funding concerns several dozen development projects.

Over the past six months, the bank has granted a total financing volume of 256.1 billion FCFA for 24 projects in the UEMOA region. The beneficiary projects were in the sectors of finance and insurance, transport, energy and sanitation infrastructure, health and education, industry as well as agriculture and rural development.

Based in Lomé, Togo, the UEMOA financial institution has embarked on a new dynamic that has raised 750 million euros to finance projects with a high social and environmental impact.