Colors: Purple Color

To help boost local currency financing, private sector growth, and job creation across the West African Economic and Monetary Union (WAEMU), the West African Development Bank (BOAD) and the International Finance Crporation (IFC), a member of the World Bank Group, announced the signing of two reciprocal financing facilities for an aggregate amount of up to EUR 600 million in euro (EUR) and West African CFA franc (XOF).