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"A Close and Innovative Relationship with BOAD"
On the occasion of BOAD Development Days 2026, Françoise Lombard, CEO of Proparco, reflects on the longstanding partnership between the West African Development Bank (BOAD) and Proparco, a relationship built on innovation. A prime example of this innovative collaboration is the groundbreaking €200 million financial agreement signed by the two institutions in May 2026, during the Africa Forward Summit in Nairobi.
The transaction is a world first in both its structure and its ambition to reshape the development finance architecture. It offers a concrete solution to boost the mobilization of local-currency financing to support the private sector and local economies [see our press release below the video].
BOAD and Proparco Join Forces to Boost WAEMU’s Private Sector
BOAD and PROPARCO Launch a Landmark €200 Million Cross-Financing Operation to Boost the Private Sector in th...
On the sidelines of the Africa Forward summit, the West African Development Bank (BOAD) and PROPARCO, a subsidiary of the AFD Group, announced the signing of an unprecedented €200 million financing ag...