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News
 Development Aid: BADEA approves funding of $ 78 million |
| 9th March 2010 |
The Board of Directors of the Arab Bank for Economic Development in Africa (BADEA) has approved on Tuesday the finance operations of development aid in Africa for a total of 78.05 million dollars, said the institution Financial in a statement sent to the APS. It is funding 13 operations amounting to 78.05 million of which $ 77 million worth of loans to fund 8 projects, and $ 1.05 million grant used to fund operations of 5 ' technical assistance, said BADEA which Algeria is a member. The projects are mainly rural electrification, road infrastructure and water supply, |
| Source: APS ALGERIA PRESSE SERVICE |
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