Development bank of the WAEMU: loans and guarantees for private companies in West Africa, notably in energy, industry and agribusiness.
Recent public deals: they say better than a thesis what the fund actually signs.
AZITO Energie SA
December 2025 · Côte d'IvoireGrowthUndisclosed amountGuaranteeEnergyCo-Invest
Activity : Production d'électricité thermique
Instrument : Renouvellement de la contre-garantie partielle, 10 Md FCFA
Independent power producer operating the Azito power plant in Côte d'Ivoire.
Why they invested
- Support fulfilment of concession-related financial commitments
- Support continued financing of Côte d'Ivoire's electricity sector
Co-investors Société Générale Côte d'Ivoire
Source : admin.boad.org
Syrrius Industries SA
December 2025 · BeninGrowthUndisclosed amountSenior debtManufacturingLead
Activity : Assemblage robotisé de matériels informatiques et électroniques
Instrument : Financement de 5 Md FCFA
Industrial company located in the Glo-Djigbé industrial zone, specialising in local assembly of computers, tablets, phones, decoders and drones.
Why they invested
- Support Benin's industrialisation
- Develop local assembly of electronic products
- Reduce import dependence
- Strengthen skills and technology transfer
Source : admin.boad.org
SONGON ENERGIES
2025 · Côte d'IvoireGrowthUndisclosed amountSenior debtEnergyLead
Activity : Production d'électricité thermique à cycle combiné
Instrument : Prêt de 50 Md FCFA
Company developing and operating a 372 MW combined-cycle thermal power plant in Songon.
Why they invested
- Strengthen Côte d'Ivoire's electricity supply
- Generate 2,805 GWh annually
- Create jobs and economic value
- Support long-term electricity generation capacity
Source : admin.boad.org
Bénin Cashew SA
March 2024 · BeninGrowthUndisclosed amountSenior debtAgribusinessLead
Activity : Transformation industrielle de noix de cajou
Instrument : Financement de 10 Md FCFA
Company developing an agro-industrial cashew processing complex in the Glo-Djigbé industrial zone.
Why they invested
- Increase local cashew processing
- Create value added in the cashew value chain
- Develop Benin's industrial capacity
Source : lanouvelletribune.info
BOAD (Banque ouest-africaine de développement) invests. Check in 30 seconds whether your company fits these criteria.
