In 2014, the Bank’s activities took place in an environment characterised in particular by an improvement in economic performance at sub-regional level. Growth in the region increased by 6.8%, compared with 5.8% in 2013, under the combined effect of increased investment in infrastructure and a good agricultural season in several member countries.
Assistance in the form of medium and long-term loans totalled CFAF 264.4 billion (excluding FDE) during the period. Twenty-five new investment projects were supported in priority areas such as transport and energy infrastructure, agricultural processing, regional economic integration, access to drinking water and adequate sanitation, and agricultural and environmental resilience.
The result for the year was a profit (FCFA 8.4 billion), despite a potential foreign exchange loss due to the appreciation of the US dollar against the euro. Measures to improve the institution’s currency hedging are currently under review.
