VOL. XXXII

NO. 25

27-MARCH-1989

Financial and Banking News

AID FLOWS

BADEA Lends $34mn to Three Countries

The Arab Bank for Economic Development in Africa (BADEA) has agreed to lendthree African countries a total of $34.5mn: $9.5mn to Rwanda for theGitarama-Mukamira road, $15mn to Burkina Faso for a hydro electric andagricultural scheme in the Bagre region, and $10mn to Ghana for a cocoarehabilitation project.