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Côte d’Ivoire: BOAD Reaffirms Its Commitment to Supporting Public Investments

Côte d’Ivoire: BOAD Reaffirms Its Commitment to Supporting Public Investments

During a meeting in Abidjan with President Alassane Ouattara, Serge Ekué, President of the West African Development Bank (BOAD), reaffirmed the institution’s commitment to supporting public investments in Côte d’Ivoire. Discussions highlighted the importance of priority sectors for national development, including water and sanitation, as well as other strategic areas such as energy, agriculture, and infrastructure.

Serge Ekué emphasized that BOAD seeks to increase its intervention capacity by doubling its equity, enabling it to finance more high-impact public projects. This strategy aims to support sustainable growth in Côte d’Ivoire while strengthening the bank’s role within the West African Economic and Monetary Union (UEMOA). 

The meeting was attended by senior Ivorian officials, including the Minister of Economy and Finance and the Secretary-General of the Presidency, reflecting the strategic importance of the cooperation between Côte d’Ivoire and the regional bank. Both parties stressed the need to develop structuring projects that improve living conditions for citizens and strengthen the country’s economic resilience.

Since its creation, BOAD has played a central role in financing public investment projects across the eight UEMOA member states, continuing to serve as a strategic lever for economic and social development in the region. The bank’s recent commitments in Côte d’Ivoire confirm its determination to support sectors essential to national and regional progress.