VOL. XXXI
NO. 16
25-JANUARY-1988
Financial and Banking News
AID FLOWS
BADEA Lends Uganda $6.77mn
The Arab Bank for Economic Development in Africa (BADEA) has agreed to lendUganda $6.77mn to help finance a poultry development project, according to anagreement signed on 19 January. The loan is repayable over 14 years, including afour-year grace period, and carries an annual interest rate of 6%.
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