Financial and Banking News


BADEA Provides $74mn in 1985 

The Arab Bank for Economic Development in Africa (BADEA) committed loans and grants worth $73.59mn in 1985, a 16% decrease from the 1984 total of $87.795mn, according to the Bank's 1985 annual report. Aid during the year comprised financing ten projects, one line of credit, six technical assistance operations, and one emergency aid operation.

BADEA's aggregate disbursements stood at $353.63mn at the end of...