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BADEA grants Africa $190 million loans in.

Summary: The Arab Bank for Economic Development in Africa (BADEA) has granted in 2008, loans worth $190 million for financing development projects in Africa under five-year plan (2005-2009).

The Arab Bank for Economic Development in Africa (BADEA) has granted in 2008, loans worth $190 million for financing development projects in Africa under five-year plan (2005-2009). In a report presented at the 34th annual meeting of BADEA's Board of Governors in the framework of annual meetings of Arab financial institutions held Wednesday in Dead Sea (Jordan), Chairman of the Board of Directors of BADEA said that it has allocated an amount of 185.25 million dollars to finance 23 development projects in different sectors and 6.75 million to finance 31 technical assistance projects.AaAaAaAa

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Publication:UMCI News (Potomac Falls, VA)
Date:Apr 17, 2009
Words:135
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