AID FLOWS

IDB Provides $42mn in Aid to South Yemen, Tunisia and Comoros 

The Islamic Development Bank (IDB) is to provide $42.02mn in aid to South Yemen, Tunisia and Comoros under three agreements signed earlier this month. The Jiddah-based bank will provide South Yemen with $31.42mn to finance imports of crude oil ($23.3mn), cement and steel ($5.41mn) and wood ($2.71mn). Tunisia will receive a $10mn loan to finance ammonia imports and Comoros a $600,000 to help finance the...