Financial and Banking News

AID FLOWS

ADB Lends $37mn to Sudan and Mauritania 

The Abidjan-based African Development Bank (ADB) has agreed to lend $36.6mn to Sudan and Mauritania, according to an announcement on 19 February. Sudan will receive $35.3mn for the Kosti-Umm-Ruwaba road project, while Mauritania will receive $1.3mn for a health study and technical assistance.