Banque Ouest Africaine de Développement (BOAD)
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    • The West African Development Bank (BOAD) achieves French Institute of Audit and Internal Control (IFACI) Professional Certification for Internal Audit — A first among Multilateral Development Banks
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Source: Banque Ouest Africaine de Développement (BOAD) |

The West African Development Bank (BOAD) achieves French Institute of Audit and Internal Control (IFACI) Professional Certification for Internal Audit — A first among Multilateral Development Banks

BOAD becomes the first Multilateral Development Bank to receive this international certification, underscoring its leadership in adopting international best practices in internal audit

The West African Development Bank (BOAD) (www.BOAD.org) has achieved a major milestone in strengthening its governance by securing professional certification for its Internal Audit function from the French Institute of Audit and Internal Control (IFACI). This certification, formalized under Certificate No. IFACI/2025/0227r, issued on February 27, 2025 and valid through…

Banque Ouest Africaine de Développement (BOAD)
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    • The West African Development Bank “BOAD” leads the way in innovation with landmark record-breaking $500 million public hybrid issuance
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Source: Banque Ouest Africaine de Développement (BOAD) |

The West African Development Bank “BOAD” leads the way in innovation with landmark record-breaking $500 million public hybrid issuance

This transaction attracted significant and diversified investors driven by the strong credit profile of BOAD and the characteristics of the structure

The West African Development Bank “BOAD” (www.BOAD.org/en/) continues to lead in financial innovation with the successful issuance of a $500 million sustainable hybrid bond on the international capital market. This deeply subordinated instrument carries a 30-year maturity with a five-year non-call period, for an equivalent EUR coupon rate of 5.9%.…