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148th ordinary session of the BOAD: review of the mid-term review of the financial forecasts for the financial year 2025

10/10/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The West African Development Bank (BOAD) a held its 148th ordinary session on 9 October 2025 at its headquarters in Lomé. This The meeting was held in person and by videoconference. The participants reviewed the mid-term review of the financial forecasts for the financial year 2025.

The results garnered by The BOAD report a net of 22 billion FCFA in the first half of the year, a performance welcomed by the whole team, which calls for redoubling efforts and to greater financial discipline. According to Serge Ekué, the 22 billion FCFA of net income were obtained in the first half of the year in a context still marked by uncertainties, both regionally and at scale international. They demonstrate the robustness of the operating model, the quality of governance and financial discipline imposed. He indicated that “this discipline supports our ambition, as a driver of our ability to act. It underlies the strengthening of financing capacity of the Bank, which we have proceeded to, by increasing the size of our sovereign credit insurance policy. The extension of this coverage, which now brings the police to 298 billion CFA francs (or 454 million Euros), reflects the implementation of a key orientation of the Djoliba strategic plan, which aims to increase funding for the Member States of UEMOA, while ensuring the optimization of the management of our risks and our balance sheet, with particular attention to maintaining, and even improving our rating. As you can see, insure a risk sovereign means in fact improving the quality of our credit portfolio.”

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