West African Development Bank (BOAD) And PROPARCO Launch A Landmark €200 Million Cross-Financing Operation To Boost The Private Sector In The West African Economic And Monetary Union (WAEMU) Region

On May 14, 2026, during the Africa Forward summit, the West African Development Bank (BOAD) and PROPARCO announced a significant cross-financing operation valued at €200 million. This initiative aims to enhance the private sector within the West African Economic and Monetary Union (WAEMU) region. The collaboration is expected to provide essential financial support and stimulate economic growth, thereby fostering development in member countries. The partnership underscores the commitment of both institutions to strengthen private sector engagement and investment in the region.

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