VOL. XXX

NO. 14

12-JANUARY-1987

Financial and Banking News

AID FLOWS

BADEA Approves $20.58mn in Loan and Technical Assistance

The Arab Bank for Economic Development in Africa (BADEA) on 6 Januaryapproved $20.58mn in two loans and four technical assistance grants for thefollowing six African states: a $15mn loan to Burkina Faso for a hydroelectricplant and an agricultural development scheme in the Barge region; a $4.7mn loanto Senegal for the fourth phase of an irrigation project; a $310,000 grant...