In 2015, BOAD’s activities took place in a sub-regional context where economic growth remained above 6% for the second consecutive year, despite a less favourable external environment and a challenging security situation in some Member States. Growth was driven by the services sector, investment in infrastructure, favourable agricultural campaigns and dynamic private consumption. At the same time, inflation remained moderate at around 1%.
Financing during the year totalled FCFA 295.9 billion, of which FCFA 236.5 billion was medium and long-term (MLT) and FCFA 59.4 billion was short-term (CT). Of this amount, FCFA 4.5 billion was allocated to strategic participations and FCFA 24 billion to the refinancing of several commercial banks. The financing provided contributed to the implementation of new investment projects in sectors such as transport infrastructure, energy, water, agriculture, industry and services.
