Senegal: BADEA’s board of directors meets 24-26 Sept

Dakar, Senegal (PANA) - The Board of Directors of the Arab Bank for Economic Development in Africa (BADEA) is scheduled to meet in the Sudanese capital, Khartoum, 24-26 Sept., under the Chairmanship of Yousif Bin Ibrahim Al Bassam.

The third meeting of the Board for 2014 will also be attended by the Bank's Director-General, Mr. Abdelaziz Khelef, the Bank said in a statement obtained by PANA here Monday.

The agenda of the meeting includes the approval of a new batch of development projects and technical assistance operations for the benefit of some sub-Saharan African countries.

At its first meeting for 2014, the Board approved projects and technical assistance operations worth US$88.665 million, out of which US$86.600 million was allocated to finance 9 development projects and US$2.065 million for 8 technical assistance operations.

During its second meeting, the Board also approved projects and technical assistance operations worth US$60.60 million, out of which US$57.50 million was used to finance 7 projects and US$3.10 million for 10 technical assistance operations.

As at June 2014, the Board has approved projects worth US$147.2 million covering 34 development operations in sub-Saharan African countries.
-0- PANA SEG 22Sept2014

22 Setembro 2014 11:55:28

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