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Senegal: BADEA's board of directors meets 24-26 Sept [African Manager (Tunisia)]
[September 22, 2014]

Senegal: BADEA's board of directors meets 24-26 Sept [African Manager (Tunisia)]


(African Manager (Tunisia) Via Acquire Media NewsEdge)  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.

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