In regards to their ratings, on 15 May and 11 June respectively, the international agencies Moody's and Fitch had each classified BOAD within the rating category called 'investment'.
This reinforced the fact that that BOAD is willing to assist its member states in their efforts to promote environmental projects and programmes.
To achieve these objectives BOAD
disburses long- and medium-term loans to the public and private sectors and funds debt relief programmes.
Fitch considers BOAD unlikely to be threatened by a possible devaluation of the CFA franc.
The Fitch rating broadly confirms the rating Moody's gave to BOAD on 15 May 2015.
Equity investment by BOAD in the capital increase of Orabank Cote d'Ivoire, $18.
Granting of a second line of credit to BOAD by China Development Bank (CDB).
Identify projects in priority sector: the BOAD
PPP unit and the commission will be assisted to identify projects with a high
In addition, the President of BOAD
welcomed the outstanding cooperation between the two institutions, covering technical support as well as financial cooperation.
4 billion) in resources mobilised since its first operation in 1993, BOAD
is currently the leading non-sovereign issuer in the regional capital market.
Christian Adovelande, Chairman of BOAD
, said that, "The infrastructure projects announced at the Forum, made possible by commitment from the international investment community, attest to the emergence of West Africa as a region of growing global economic importance.
36 Soldering / Hand No Clean Current Production Samples Bare HASL Boads 3 months later 3.