The Confederal Bank for Investment and Development (Banque Confédérale d’Investissement et de Développement) was established by Mali, Burkina Faso, and Niger to finance strategic projects in infrastructure, energy, and agriculture. The bank was announced on March 13, 2025, with a capital of 500 billion CFA Francs ($833 million).

The creation of this bank aims to promote financial independence for the countries of the Alliance of Sahel States (AES).

The bank's establishment was part of broader initiatives by the AES to foster regional integration and economic self-reliance. These initiatives include launching transformative infrastructure projects and boosting the agricultural sector with plans to develop two million hectares of land for plant and animal production.

Additionally, the member states adopted a confederal levy on imports from outside the West African Economic and Monetary Union (WAEMU) to support the bank's operations and ensure the sustainability of development projects.

Great news, even though France and the US are trying to suppress it!! https://togobreakingnews.info/aes-banque-confederale-dinvestissement/

Onwards to removing CFA as a currency and coming up with a gold-standard African currency 💵 ✊