Transfer of equity held in BOAD in trust by DEG to KfW Treuhandbeteiligung an der BOAD (DEG) The West African Development Bank (BOAD) was established in 1973 and is based in Lomé, Togo. It is managed by the eight member states of the West African Economic and Monetary Union (WAEMU) and supports the development of the region through soft loans. By investing in strategic sectors such as transport, energy, agriculture, real estate, health, and education, BOAD focuses on tackling common challenges such as poverty, inequality, and climate change. Acting on behalf of the German Government, KfW works closely with BOAD to support the objectives it aims to achieve. These cover issues like sustainable economic development, education, employment, climate, and energy. BOAD also promotes innovative approaches to building resilience to natural disasters and supporting the region's digital transformation, such as Shock Resilient Loans (SRL) and the Digitalisation Fund.In addition to providing financial support for large-scale projects, KfW is supporting BOAD in the provision of loans for small and medium-sized enterprises and the construction of social housing for people in need. The two organisations are working together to establish BOAD as a key player in sustainable development in West Africa and to improve living conditions in the region. The West African Development Bank (BOAD) was established in 1973 and is based in Lomé, Togo. It is managed by the eight member states of the West African Economic and Monetary Union (WAEMU) and supports the development of the region through soft loans. By investing in strategic sectors such as transport, energy, agriculture, real estate, health, and education, BOAD focuses on tackling common challenges such as poverty, inequality, and climate change. Acting on behalf of the German Government, KfW works closely with BOAD to support the objectives it aims to achieve. These cover issues like sustainable economic development, education, employment, climate, and energy. BOAD also promotes innovative approaches to building resilience to natural disasters and supporting the region's digital transformation, such as Shock Resilient Loans (SRL) and the Digitalisation Fund.In addition to providing financial support for large-scale projects, KfW is supporting BOAD in the provision of loans for small and medium-sized enterprises and the construction of social housing for people in need. The two organisations are working together to establish BOAD as a key player in sustainable development in West Africa and to improve living conditions in the region. Die Westafrikanische Entwicklungsbank (BOAD) wurde 1973 gegründet und hat ihren Sitz in Lomé, Togo. Sie wird von den acht Mitgliedsstaaten der Union économique et monétaire ouest-africaine (UEMOA) geleitet und unterstützt die Entwicklung der Region durch zinsgünstige Finanzmittel. Die BOAD konzentriert sich darauf, gemeinsame Herausforderungen wie Armut, Ungleichheit und Klimawandel anzugehen, indem sie in strategische Sektoren wie Transport, Energie, Landwirtschaft, Immobilien, Gesundheit und Bildung investiert. Die KfW, im Auftrag der Bundesregierung, arbeitet eng mit der BOAD zusammen, um ihre Ziele zu unterstützen. Dies umfasst Themen wie nachhaltige Wirtschaftsentwicklung, Ausbildung, Beschäftigung, Klima und Energie. Darüber hinaus fördert die BOAD innovative Ansätze wie Schock Resilient Loans (SRL) und den Digitalisierungsfonds, um die Resilienz gegen Naturkatastrophen zu stärken und die digitale Transformation der Region zu fördern. Neben der finanziellen Förderung von Großprojekten unterstützt die KfW die BOAD bei der Vergabe von Krediten für kleine und mittlere Unternehmen sowie bei der Schaffung von sozialem Wohnraum für Bedürftige. Gemeinsam wird daran gearbeitet, die BOAD als wichtigen Akteur für die nachhaltige Entwicklung Westafrikas zu etablieren und die Lebensbedingungen in der Region zu verbessern. The West African Development Bank (BOAD) was established in 1973 and is based in Lomé, Togo. It is managed by the eight member states of the West African Economic and Monetary Union (WAEMU) and supports the development of the region through soft loans. By investing in strategic sectors such as transport, energy, agriculture, real estate, health, and education, BOAD focuses on tackling common challenges such as poverty, inequality, and climate change. Acting on behalf of the German Government, KfW works closely with BOAD to support the objectives it aims to achieve. These cover issues like sustainable economic development, education, employment, climate, and energy. BOAD also promotes innovative approaches to building resilience to natural disasters and supporting the region's digital transformation, such as Shock Resilient Loans (SRL) and the Digitalisation Fund.In addition to providing financial support for large-scale projects, KfW is supporting BOAD in the provision of loans for small and medium-sized enterprises and the construction of social housing for people in need. The two organisations are working together to establish BOAD as a key player in sustainable development in West Africa and to improve living conditions in the region. The West African Development Bank (BOAD) was established in 1973 and is based in Lomé, Togo. It is managed by the eight member states of the West African Economic and Monetary Union (WAEMU) and supports the development of the region through soft loans. By investing in strategic sectors such as transport, energy, agriculture, real estate, health, and education, BOAD focuses on tackling common challenges such as poverty, inequality, and climate change. Acting on behalf of the German Government, KfW works closely with BOAD to support the objectives it aims to achieve. These cover issues like sustainable economic development, education, employment, climate, and energy. BOAD also promotes innovative approaches to building resilience to natural disasters and supporting the region's digital transformation, such as Shock Resilient Loans (SRL) and the Digitalisation Fund.In addition to providing financial support for large-scale projects, KfW is supporting BOAD in the provision of loans for small and medium-sized enterprises and the construction of social housing for people in need. The two organisations are working together to establish BOAD as a key player in sustainable development in West Africa and to improve living conditions in the region. Die Westafrikanische Entwicklungsbank (BOAD) wurde 1973 gegründet und hat ihren Sitz in Lomé, Togo. Sie wird von den acht Mitgliedsstaaten der Union économique et monétaire ouest-africaine (UEMOA) geleitet und unterstützt die Entwicklung der Region durch zinsgünstige Finanzmittel. Die BOAD konzentriert sich darauf, gemeinsame Herausforderungen wie Armut, Ungleichheit und Klimawandel anzugehen, indem sie in strategische Sektoren wie Transport, Energie, Landwirtschaft, Immobilien, Gesundheit und Bildung investiert. Die KfW, im Auftrag der Bundesregierung, arbeitet eng mit der BOAD zusammen, um ihre Ziele zu unterstützen. Dies umfasst Themen wie nachhaltige Wirtschaftsentwicklung, Ausbildung, Beschäftigung, Klima und Energie. Darüber hinaus fördert die BOAD innovative Ansätze wie Schock Resilient Loans (SRL) und den Digitalisierungsfonds, um die Resilienz gegen Naturkatastrophen zu stärken und die digitale Transformation der Region zu fördern. Neben der finanziellen Förderung von Großprojekten unterstützt die KfW die BOAD bei der Vergabe von Krediten für kleine und mittlere Unternehmen sowie bei der Schaffung von sozialem Wohnraum für Bedürftige. Gemeinsam wird daran gearbeitet, die BOAD als wichtigen Akteur für die nachhaltige Entwicklung Westafrikas zu etablieren und die Lebensbedingungen in der Region zu verbessern. The West African Development Bank (BOAD) was established in 1973 and is based in Lomé, Togo. It is managed by the eight member states of the West African Economic and Monetary Union (WAEMU) and supports the development of the region through soft loans. By investing in strategic sectors such as transport, energy, agriculture, real estate, health, and education, BOAD focuses on tackling common challenges such as poverty, inequality, and climate change. Acting on behalf of the German Government, KfW works closely with BOAD to support the objectives it aims to achieve. These cover issues like sustainable economic development, education, employment, climate, and energy. BOAD also promotes innovative approaches to building resilience to natural disasters and supporting the region's digital transformation, such as Shock Resilient Loans (SRL) and the Digitalisation Fund.In addition to providing financial support for large-scale projects, KfW is supporting BOAD in the provision of loans for small and medium-sized enterprises and the construction of social housing for people in need. The two organisations are working together to establish BOAD as a key player in sustainable development in West Africa and to improve living conditions in the region.