VOL. XXXII
NO. 28
17-APRIL-1989
Financial and Banking News
AID FLOWS
KFAED Lends $7mn to Senegal
The Kuwait Fund for Arab Economic Development (KFAED) on 30 March agreed tolend $6.7mn to Senegal to part finance a road between Dialakoto and Kedougou.The loan is repayable over 30 years with five years' grace and an annualinterest rate of 2.5% together with a 0.5% service charge.
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