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Notification of Arab contractors and consultants with projects and technical assistance operations (Session of September 2016)

Published on

11/20/2016 2:50 PM

​​The Board of Directors of the Arab Bank for Economic Development in Africa (BADEA), in its session held during the period 28-30 September 2016, has approved loans and grants for some African countries.

​The total amount of the approved financing is US$ 136.43 million, of which US$ 39 million are earmarked, as loans, for participation in financing of two development projects in the public sector, US$ 16.00 million to finance two line of credits though BADEA's program to the private sector, US$ 80 million to finance four line of credits through BADEA's program for Arab exports to African Countries, and US$ 1.430 million are allocated for financing seven technical assistance operations.

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