The president of the West African Development Bank, Christian Adovelandé, on Thursday in Niamey gave a clean bill of health to the institution saying it was 'doing very well'.
He said in 2012, the level of commitments rose to 464 billion FCFA made up of 35% for the public sector and 65% per cent for the public-private sector.
'The financial structure of the bank in 2012 is very well balanced and the bank is a beneficiary,' Adovelandé, told the press after a meeting with Niger's head of state, Mahamadou Issoufou .
For 2013, the president of the Bank promised to maintain this trend by 'reinforcing our interventions in favour of our member state in the fields of food security and infrastructure'.
On cooperation with Niger, Mr. Adovelandé said that 'an evaluation mission is currently in place to study three projects that are going to be reviewed by our next meeting of the Board for a total volume of about 38 billion FCFA'.
These are the Filingué-Tahoua, Maradi-Madarounfa-Nigeria border and Namaro-Farié trunk road projects, road maps for the interchange of Niamey and the Embassies Road in the Nigerien capital.