Financial and Banking News
AID FLOWS
BADEA Approves $23.35mn in Aid Loans to Six African Countries
The Board of Directors of the Arab Bank for Economic Development in Africa (BADEA) on 27 December approved loans and grants worth $23.35mn to six African countries as follows: an $8.5mn loan to part-finance a rubber cultivation project in Congo; an $8mn loan for the Dassa-Parakan road in Benin; $6mn for the construction of grain silos in Zimbabwe; a $250,000 grant for studies on the...
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