West African Development Bank (HQ)
Details
Description
The West African Development Bank (WADB), known in francophone nations as Banque Ouest Africaine de Développement (BOAD), is an international multilateral development bank founded in 1973 with the goal of supporting French-speaking and Lusophone West African states.
The Central Bank of West African States, along with its eight-member nations (including Benin, Burkina-Faso, Guinea Bissau, Ivory Coast, Mali, Niger, Senegal and Togo) established the BOAD whose headquarters are in Lome, Togo.
The bank makes long- and medium-term loans to private enterprises that are engaged in regional development initiatives, offers credit lines to support micro-credit programs and small to medium private businesses and also supports debt relief initiatives for member states in exchange for funds being allocated to health projects, namely those concerned with HIV/AIDS, education and infrastructure upgrades.
Country eligibility
Circumstantial eligible countries
Tender Management Modes
GCF
KFW
UEMOA
AFD
Other agencies
Societe Nationale Des Eaux Du Senegal
Société Énergie du Mali SA (EDM SA)
Ministry of Agriculture, Livestock and Fisheries Benin / Ministère de l'Agriculture de l'Elevage et de la Pêche
National Electricity Company of Burkina Faso / Société Nationale d’Electricité du Burkina
Other agencies
AFD
AfDB
EIB
EC
Other agencies
BOAD
Contracting Authorities