All strategic files of the West African Development Bank (BOAD) were formally approved by the UEMOA Council of Ministers, which met on Friday, March 27, 2026.

The adoption of BOAD's strategic files follows the 150th ordinary session of its Board of Directors held on March 25 and 26, 2026, in Dakar under the chairmanship of the institution's Mr. Serge EKUE. This dual validation confirms the Bank's financial solidity and officially launches its new development cycle for 2026-2030.

During the ordinary session of March 25 and 26, 2026, the Board of Directors examined and approved several important files related to the Bank's institutional life and approved 17 new operations for a total amount of 501.568 billion FCFA, bringing the total amount of BOAD's financing (all operations combined) to 10,387.2 billion FCFA, since the start of its operational activities in 1976.

The files that were subject to a decision include, among others, the strengthening of governance, institutional support, and initiatives to support the Bank's activities.  

The Board also strengthened the Institution's ethical framework by approving a new anti-corruption mechanism aligned with ISO 37001 standard, affirming a "zero tolerance" policy towards reprehensible practices.

A credit line of 200 million euros, or 131.2 billion FCFA, was approved for the financing of agricultural campaigns, including the purchase of agricultural inputs and the operational and marketing cycles of cash crops, as well as for the import and distribution of hydrocarbons in UEMOA member countries.

The grant from the Multilateral Investment Guarantee Agency (MIGA) was approved in favor of BOAD for strengthening the integration of gender and climate components into the Bank's operations, through the development of e-learning modules, staff and client training, and the implementation of a tool for monitoring key gender indicators. Approved amount: maximum 299,167 USD, or approximately 166.8 million FCFA.

For food security and cross-border trade between Côte d'Ivoire, Mali, and Guinea via two dams and the development of 800 hectares of irrigated perimeters, the Board approved the Wassoulou Project (PDIW).

Label d'Or SA – Togo was approved for the modernization of shea processing benefiting 33 women. Approved amount: 6 billion FCFA.

In Burkina Faso, the Board approved the acquisition of 120,000 tons of agricultural inputs for the 2026-2027 cotton season for an approved amount of 50 billion FCFA.

In Mali, the partial financing of the 2025-2026 cotton season for the Compagnie Malienne pour le Développement des Textiles (CMDT) SA for the collection and ginning of approximately 433,700 tons of seed cotton into cotton fiber was approved for an amount of 25 billion FCFA.

As part of activities on the Ouidah-Hillacondji axis, the duplication of the Agonkanmey-Hillacondji axis to reduce travel time by 50% and the number of accidents by 60% upon commissioning in 2030, for an amount of 30 billion FCFA.  

For the Yabayo-Buyo Road – Côte d'Ivoire, opening up the area and improving road safety. Approved amount: 30 billion FCFA.

The Board also approved the construction of a regional aeronautical maintenance center in Abidjan for the maintenance of its fleet and those of companies operating in West and Central Africa for 35 billion FCFA.