Start of cooperation between the West African Development Bank (BOAD) and IFAD: 1986

1. Start of cooperation between the West African Development Bank (BOAD) and IFAD: 1986 Number of projects administered/cofinanced: 26, of which 12 completed and closed, 10 cofinanced Total sum: CFAF 229 765 million

2. Results • organization/enhancement of beneficiaries’ capacities • promotion of products of beneficiaries’ capacities • rural finance • rural infrastructure

3. Shortcomings • 1. Coordination in supervision/support missions • BOAD/IFAD • BOAD/borrower/projects • 2. Effect and impact evaluation • results • effects • measuring: how? by whom? when? • impacts

4. 3. Participation of beneficiaries • reflection/planning of actions • implementation of actions • procedures for managing beneficiaries’ funds • monitoring and evaluation of actions 4. Financement rural • difficulty in finding appropriate solutions • institutional problems • problems of beneficiaries’ access to finance

5. 5. Gender Aspect • Women • Youth • Men

6. 6. Results and Impact Management System (RIMS) 7. Partnership • Between IFAD projects • Between projects and other organisations/groups operating in the same areas

7. Main lessons learned • need for a baseline socio-economic study • estimation of the costs of physical components should be expanded by taking as a basis the unit costs on markets with a sufficient supply (10‑15%), bearing in mind the delivery time • need to introduce flexibility when drawing up the project’s annual work programme and budget, allowing for activities not yet identified but falling within the project’s objectives • training and study travel should focus on beneficiaries by interest group (young people, women)

8. creation of rural infrastructure (tracks, water points, storehouses, multi‑purpose premises) remains the concrete basis for effective mobilization of beneficiaries and thus their full commitment to the project’s objectives • it is desirable to centralize missions with the supervisory ministry, which should receive the terms of reference and composition ten days prior to the start of missions • preparation of a schedule of activities to be undertaken following supervision missions, thus providing the parties concerned with planning and monitoring tools for activities carried out or to be carried out

9. CONCLUSION • BOAD and IFAD have enjoyed exemplary cooperation for about 20 years, and this should be strengthened and periodically reviewed to take account of changes in intervention zones and especially in our institutions • the BOAD/IFAD relationship is one of cooperation between institutions and not an institution/service provider relationship, and must take account of the specific features of each party

10. the bank will be involved in the changes within IFAD and the new approaches to development; thus, with support from IFAD in its role as cooperating institution, it will make sure that projects adopt results and impact management systems (RIMS) and socio-economic and gender analysis (SEAGA) • the bank will spare no effort to improve relations between our two institutions and to improve project performance by developing consultation and information-sharing