This year, BOAD carried out 39 operations valued at CFA414 billion

Investments
Friday, 21 December 2018 14:07
This year, BOAD carried out 39 operations valued at CFA414 billion

(Togo First) - This year, the West African Development Bank (BOAD) approved 39 financing operations worth CFA414.5 billion for the public and private sectors.

This was disclosed on December 11, after the bank’s 111th board meeting. On this occasion, three new projects valued at CFA15.21 billion were approved.

The three commitments include partial financing for the extension of Bobo-Dioulasso dry port in Burkina Faso, with 3.7 billion, a 6.5 billion subordinated loan granted to NSIA Bank Benin (formerly Diamond Bank), and second refinancing line of 5 billion for BSIC Mali.

With these operations, the bank has carried out a total of 1,141 operations, valued at CFA5,308.71 billion, since its establishment.

Fiacre E. kakpo

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