Mohamed Abdessamad El Hamraoui

Banque Ouest Africaine de Développement operates as a development bank. It provides financial products and services to communities in member countries which include Benin, Burkina Faso, Côte d'Ivoire, Guinea Bissau, Mali, Niger, Senegal and Togo. The firm offers medium and long-term loans; equity investment in the share capital of companies or national financial institutions; financing of short-term operation, project feasibility and assistance to small and medium-sized enterprises through credit or refinancing facilities to national financial institutions. The company was founded on November 14, 1973 and is headquartered in Lome, Togo.