Private company

West African Development Bank

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

International Multilateral Development Bank

The West African Development Bank - WADB (French: Banque Ouest Africaine de Développement - BOAD, Portuguese: Banco de Desenvolvimento do Oeste Africano - BDOA) was established in 1973 to serve the nations of Francophone and Lusophone West Africa. The BOAD is organised by the Central Bank of West African States and its eight member governments: Benin, Burkina Faso, Guinea Bissau, Côte d'Ivoire, Mali, Niger, Senegal, and Togo. It is funded by member states, foreign governments and international agencies.2 It is headquartered in Lomé.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Nov 14, 1973Founded1
  • HeadquartersLomé1
  • Websitewww.boad.org/en
  • Legal formLegal Entity of Public Law3
  • Kind of organizationPublic body1
  • LEI529900LIZJABE4JJS8263
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address68 Avenue De La Liberation, 1172 Lome, Togo3
Siège de la Banque Ouest Africaine de Développement (BOAD, Lomé - Togo
Photo: Jihanefikara, CC BY-SA 4.0, via Wikimedia Commons6

The West African Development Bank - WADB (French: Banque Ouest Africaine de Développement - BOAD, Portuguese: Banco de Desenvolvimento do Oeste Africano - BDOA) was established in 1973 to serve the nations of Francophone and Lusophone West Africa. The BOAD is organised by the Central Bank of West African States and its eight member governments: Benin, Burkina Faso, Guinea Bissau, Côte d'Ivoire, Mali, Niger, Senegal, and Togo. It is funded by member states, foreign governments and international agencies. Its headquarters are in Lomé, Togo.2

The story

The BOAD was created on 14 November 1973 by member states of the West African Monetary Union (WAMU). The original charter focused on development of member economies towards balanced development and to prepare economies for future West African economic integration. In 1994, it became the development arm of the West African Economic and Monetary Union (WAEMU/UEMOA).

From Wikipedia’s article on West African Development Bank, shared under CC BY-SA 4.0.5

Leadership

Who has led West African Development Bank, and when. Pick a name to see everywhere that person has worked.

Timeline

  1. Nov 14, 1973Founded Founded1