Mali ratifies BADEA loan to build dams

Bamako- Mali (PANA) -- The Malian government has ratified a loan agreement signed here last month with the Arab Bank for Economic Development in Africa (BADEA).
The US$10 million loan will be used for partial financing of a dam project in Ta oussa, in Northern Mali.
The project, which entails building a dam across the Niger River, will help boos t agricultural production, animal husbandry, fishing, power suppy and sea transp o rtation.
The project is part of the country's national policy on sustainable development in regions located in the north of the country, including Tombouctou and Gao.

11 june 2009 10:09:00




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