2025.05.21
On March 26, the Japan International Cooperation Agency (JICA) signed a loan agreement with Banque Ouest Africaine de Développement (BOAD). The signing ceremony was held in the capital city Lome of the Republic of Togo on May 15.
The loan is co-financed with Sumitomo Mitsui Banking Corporation as part of SMBC-JICA Sustainable Finance Framework.
Signing ceremony
Terms and Amount of Loan
- Borrower
Banque Ouest Africaine de Développement (BOAD)
- Country (Target Areas)
West Africa region
- Loan Amount
EUR 200 million
- Project Title
West Africa Growth Ring Promotion Project
- Project Purpose
By providing long-term loans to BOAD in the West Africa region, this project aims to promote infrastructure development, including projects identified in the West Africa Growth Ring Master Plan (CACAO Master Plan), thereby contributing to economic integration and job creation in the region.
- Project Component
The JICA loan in this project will be on-lent to BOAD member countries as part of the financing for infrastructure development in the West Africa region.
- Contribution to SDGs
Goal 9（Industry, innovation and infrastructure）
Goal 17（Partnerships for the goals）
Sns share!
scroll