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Investment Firm
Overview
BOAD serves as the community's primary source of development financing. It is an autonomous and decentralized institution of the Union. In order to realize UEMOA's goals without jeopardizing those set forth in the UEMOA Treaty, it helps to gain total independence. It is a public organization with an international scope whose goal is to support the development and operation of a local financial market. The special fund that will be established will be given the responsibility of directly or indirectly absorbing offers and, possibly, fulfilling requests from the public for securities and will be given this responsibility above the banking system.
Highlights
1973
Financial Services
251-500
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Location
Lomé, Maritime, Togo, Africa
Contact Information
Social
Profile Resume
West African Development Bank, established in 1973 and headquartered in Africa., specializes in investments across Financial Services, Banking, Asset Management. Their recent investments include BGFIBank. The highest investment round they participated in was $216.7M. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Employees
N/A
Investment portfolio
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Investments
1
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Jul 01, 2021 | BGFIBank | Financial Services | 18.1M |
Exits
0
Funding Timeline
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Funding Rounds
1
West African Development Bank has raised 1 rounds. Their latest funding was raised on Jul 01, 2021 from a Debt Financing - BGFIBank round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Jul 01, 2021 | Debt Financing - BGFIBank | - | 18.1M | - |
Investors
3
West African Development Bank is funded by 3 investor(s). FinDev Canada and African Development Bank Kantor are the most recent investors.
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
African Development Bank | Yes | Debt Financing - West African Development Bank | 78.7M |
African Development Bank | Yes | Venture Round - West African Development Bank | 27.0M |
FinDev Canada | Yes | Debt Financing - West African Development Bank | 22.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
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