West African Development Bank Joins Global Alliance Against Hunger and Poverty
The West African Development Bank (BOAD) has officially joined the Global Alliance Against Hunger and Poverty, an initiative led by the Brazilian Presidency of the G20 to eradicate hunger and poverty and reduce inequalities. As the 197th member of the Alliance, BOAD reaffirms its commitment to strengthening food security efforts across West Africa. The membership, approved in August 2025, will enable the Bank to leverage international synergies and gain access to dedicated support mechanisms to achieve its objectives.
Key Takeaways:
- BOAD has joined the Global Alliance Against Hunger and Poverty, an initiative led by the Brazilian Presidency of the G20, to eradicate hunger and poverty and reduce inequalities.
- The Bank's membership is anchored around two core pillars of the Alliance: financing and knowledge sharing, with a focus on food security in West Africa.
- BOAD will contribute its technical expertise and operational know-how in the fight against food insecurity, and benefit from the insights and experience of a vast network of partners.
- The Bank will align its project financing objectives with the Alliance's global effort, leveraging the policy tools and financial resources mobilized by the Alliance.
- The partnership aims to accelerate the implementation of high-impact programs, leveraging the vast network of partners dedicated to finding sustainable solutions to hunger and poverty worldwide.
- BOAD's experience and expertise in serving the populations of WAEMU member countries will be invaluable in the fight against food insecurity.
- The Global Alliance Against Hunger and Poverty aims to enable 500 million people to benefit from cash transfer programs by 2030.
Statistics:
- 197 members of the Global Alliance Against Hunger and Poverty, with 102 countries, 29 international organizations, 14 financial institutions, and 52 foundations.
- BOAD has over 50 years of experience serving the populations of WAEMU member countries.
- 500 million people to benefit from cash transfer programs by 2030, according to the Global Alliance Against Hunger and Poverty.
- The Alliance has a vast network of partners dedicated to finding sustainable solutions to hunger and poverty worldwide.
Sources:
- BOAD (2025) West African Development Bank (BOAD) Joins Global Alliance Against Hunger and Poverty [WWW Document]. West African Development Bank (BOAD). URL https://www.BOAD.org/
- Global Alliance Against Hunger and Poverty (2024) About the Global Alliance Against Hunger and Poverty. https://www.BOAD.org/fr/about#the-global-alliance-against-hunger-and-poverty