Financial and Banking News
AID FLOWS
KFAED Lends $5mn for Seychelles Fisheries Project
The Kuwait Fund for Arab Economic Development (KFAED) has agreed to lend the Seychelles KDl.6mn ($5.3mn) to finance a fisheries development project. The loan is for 20 years, including a four-year grace period, and carries a 5D annual interest rate.
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