The West African Development Bank (BOAD) has begun preparations for its 2026–2030 strategic plan, titled “Djoliba, la suite,” which will succeed the 2021–2025 cycle.
The Lomé-based regional lender is leading the process with support from Boston Consulting Group under a broad consultation framework aimed at aligning the bank’s future priorities with evolving regional economic challenges.
In late January, BOAD convened a strategic seminar chaired by its President, Serge Ekué, bringing together shareholder representatives and private-sector stakeholders. Participants reviewed internal performance assessments and compared them with current West African economic conditions to refine the bank’s intervention focus. Key areas of discussion included infrastructure financing, energy transition, climate resilience and private-sector development.
The upcoming plan builds on what BOAD describes as a successful implementation of its 2021–2025 “Djoliba” program. By mid-2025, the bank reported achieving 107.4 percent of its strategic targets, committing US$5.2 billion over five years. Funding was primarily directed toward infrastructure and digital transformation, as well as agriculture and social sector projects.
Financially, BOAD strengthened its capital base during the previous cycle and expanded its funding instruments to include hybrid bonds and securitization mechanisms, enhancing its ability to mobilize long-term resources for member states.
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The 2026–2030 strategy is expected to outline the institution’s roadmap for sustaining growth, deepening regional integration and supporting economic resilience across West Africa.
The West African Development Bank (BOAD) is the development finance institution of the West African Economic and Monetary Union (WAEMU), headquartered in Lomé. It finances public and private sector projects across its eight member states, focusing on infrastructure, agriculture, energy, and social development to promote regional integration and economic stability.
BOAD’s 2021–2025 strategic framework, known as “Djoliba,” prioritized large-scale infrastructure, digital transformation, food security, and climate resilience. By mid-2025, the bank reported exceeding its targets, committing US$5.2 billion about 107.4 percent of its planned envelope reflecting stronger capital mobilization and expanded financial instruments, including hybrid bonds and securitization tools.
The preparation of the 2026–2030 plan comes amid mounting regional challenges, including energy deficits, climate vulnerability, rising debt levels, and the need to deepen private-sector participation. The new strategy is expected to consolidate BOAD’s role as a key financier of sustainable development while aligning with global energy transition goals and regional economic reforms.
