Family Office · Lisboa, Portugal

West African Development Bank

Active

What they invest in

The West African Development Bank (BOAD) is a regional financial institution established in 1973 and headquartered in Lomé, Togo. It serves as the development finance arm of the West African Economic and Monetary Union (WAEMU), providing funding for projects that promote economic integration and development among its eight member states. BOAD focuses on sectors such as infrastructure, agriculture, energy, and social development, and is recognized for its role in supporting sustainable growth and regional cooperation. The bank has played a significant part in financing major infrastructure and renewable energy projects across West Africa, enhancing its reputation as a key driver of regional development.

Who they back

Energy and natural resourcesInfrastructureEducation and healthDigital transformationAgriculture and agribusinessWaterSeedSeries A

Business models

fintech_lending, platform, services

Customer segments

Government, SMB, Mid-market

Geography

West Africa, UEMOA

Recent investments

  • CAURIS IV Fund
  • Six Professional Agricultural and Agribusiness Lyceums (Senegal)
  • AZITO Energie SA (Côte d'Ivoire)

The people who write checks

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Why this firm matters for fundraising founders

West African Development Bank deploys privately-held capital. Cycles are short, decisions concentrated, and structures flexible (equity, convertible, revenue-share). Less brand premium, more underwriting on substance. VC Boom tracks West African Development Bank alongside 47,000+ other active investors, ranked weekly by recent-deal momentum, sector concentration, and partner activity.

At a glance

Based in
Portugal
Portfolio last checked
Oct 6, 2026
Website
www.boad.org ↗
LinkedIn
Firm profile ↗

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