In an effort to attract new investors, the West African Development Bank (BOAD) plans to launch a composite index listed on the stock exchange and directly linked to its financial performance.

LA Bank West African Development presents this product as a first in the multilateral development bank ecosystem African women. This instrument is part of a wider strategy aimed at to strengthen solvency and credit quality, while BOAD prepares its 2026-2031 plan. The institution aims at to attract new investors while maintaining its current governance structure and protecting its shareholding, currently composed mainly of the eight states members from UEMOA and of the BCEAO.

According to the president of BOAD, Serge Ekué, serif"> this instrument will allow investors to gain exposure to the trajectory financial of the bank without voting rights or equity investments. For He, “if the bank is efficient, we will donate part of this performance to the investor in exchange for taking a stake”. He has added that this mechanism is essential to diversify the sources of BOAD financing.

This instrument is part of BOAD's strategy aimed at to strengthen its solvency and credibility, while the needs of funding in the region de UEMOA continue to grow. Boad hears continue the use of securitization and credit insurance, while excluding — for the time being — any new call for funds from shareholders.

As BOAD finishes its Djoliba Plan (2021-2025) in December, the institution is preparing to unveil its 2026-2031 strategic plan in January. This new road map will significantly increase its ambitions and aim for 1.8 billion euros of annual commitments in the years to come.