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Boad Hits Hard: Eur 1 Billion Raised over 15 Years, Absolute Record for an African Bank

Summary by Financial Afrik
Lomé, October 9, 2025. — The West African Development Bank (BOAD) has just signed a historic operation: a billion euros raised over 15 years, the longest maturity ever issued by a multilateral African development bank. Result: a €2.7 billion over-run notebook, a 35-point spread, a massive increase in interest rates, and an increase in interest rates.
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Financial AfrikFinancial Afrik

Boad Hits Hard: Eur 1 Billion Raised over 15 Years, Absolute Record for an African Bank

Lomé, October 9, 2025. — The West African Development Bank (BOAD) has just signed a historic operation: a billion euros raised over 15 years, the longest maturity ever issued by a multilateral African development bank. Result: a €2.7 billion over-run notebook, a 35-point spread, a massive increase in interest rates, and an increase in interest rates.

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Financial Afrik broke the news in on Tuesday, October 14, 2025.
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