VOL. XXX

NO. 16

26-JANUARY-1987

Financial and Banking News

AID FLOWS

BADEA Approves $23mn in loans and Grants

The Arab Bank for Economic Development in Africa (BADEA) has recentlyapproved loans and grants totaling $23.037mn to a number of countries asfollows: $15mn to Burkina Faso for an agricultural project; $7.4mn to Senegalfor reconstruction and land reclamation; and technical assistance grants of$310,000 to the Central African Republic, $50,000 to the Comoros Islands,$27,000 to Niger, and...