Serge Ekué’s BOAD plans a meticulous Eurobond and a doubling of capital
The BOAD teams recall the bank could have mobilised much more than the €750 million raised at the end of January, without the prudential limits in terms of indebtedness to which the bank is subject.
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▪ Serge Ekué’s BOAD plans a meticulous Eurobond and a doubling of capital
▪ The BOAD teams recall the bank could have mobilised much more than the €750 million raised at the end of January, without the prudential limits in terms of indebtedness to which the bank is subject.
▪ https://www.africabusinessplus.com/en/806792/serge-ekues-boad-plans-a-meticulous-eurobond-and-a-doubling-of-capital/
But the West African Development Bank (BOAD), led since May by financier Serge Ekué, does not intend to stop at its recent bond issue. According to Jeune Afrique Business+ sources, BOAD anticipates CFAF 3 300 billion (€5 billion) of commitments “to achieve the development results defined in the strategic plan 2021–2025”.
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