VOL. XXXI

NO. 13

4-JANUARY-1988

Financial and Banking News

AID FLOWS

BADEA Provide$ $25.6mn to African Countries

The Board of Directors of the Arab Bank for Economic Development in Africa (BADEA)decided at its meeting in Khartoum on 10 December to lend $25.585mn to fourAfrican projects: $6.54mn for sanitary and road projects in Burundi; $10mn forcocoa rehabilitation in Ghana; and $8.2mn for road maintenance in Uganda.Technical assistance worth $845,000 is also to be given to Angola, Niger and the...