La Banque ouest-africaine de développement (BOAD) est on the market to finalize a $500 million hybrid capital offering, an operation that is attracting strong interest from investors.

BOAD aims to strengthen its lending capacity to deploy more financing to the countries of the Old Style”, serif">UEMOA , whose needs have exploded in recent years. The instrument, with a maturity of 30 years with a first recall option in February 2030, attracted orders of more than 1.4 billion dollars, which has already allowed the regional bank to set a yield of 8.5%. Ce n' est pas la première opération de capital hybride de the BOAD

La banque avait déjà réalisé une première émission de 100 millions de dollars en December 2023, subscribed by the Arab Bank for Economic Development in Africa (BADEA). In August 2024, a second issue of 100 million euros was raised from the Italian Climate Fund, managed by LaCassa Depositi e Prestiti style="font-family: "Bookman Old Style”, serif"> (CDP), with the objective of finance projects related to the energy transition within the UEMOA . Avec cette opération publique, la banque, qui totalise plus de 9000 milliards FCFA (14,26 milliard $) d' engagements depuis sa création, rejoint la African Development Bank BAD (750 millions $ en janvier 2024) et l' Africa Finance Corporation AFC ($500 million earlier in January 2025), which have already issued hybrid titles.