Serge Ekué’s BOAD plans a meticulous Eurobond and a doubling of capital
The BOAD teams recall the bank could have mobilised much more than the €750 million raised at the end of January, without the prudential limits in terms of indebtedness to which the bank is subject.
27/01/2021 at 19h00, by Africa Business+
But the West African Development Bank (BOAD), led since May by financier Serge Ekué, does not intend to stop at its recent bond issue. According to Jeune Afrique Business+ sources, BOAD anticipates CFAF 3 300 billion (€5 billion) of commitments “to achieve the development results defined in the strategic plan 2021–2025”.
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