West African Development Bank (BOAD)
The West African Development Bank (Banque Ouest Africaine de Développement) was established in Nov. 1973 by an Agreement signed by the member states of the West African Monetary Union (UMOA), now the West African Economic and Monetary Union (UEMOA).
Aims. To promote balanced development of the States of the Union and to achieve West African economic integration.
Members. Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, Togo.
Official language: French.
Headquarters: 62 avenue de la Libération, BP 1172 Lomé, Togo.
President: Christian Adovèlandé (Benin).