NEWS RELEASE COMU/F/49/00
Abidjan, Côte d'Ivoire, 31 October 2000
ABIDJAN, 31 OCTOBER 2000 - The
Board of Directors of the African Development Fund (ADF) approved today
a loan of 6.52 million Units of Account (UA)* - approximately US $ 8.46
million to finance the Bank participation in the financing of the cyclones
Eline, Gloria and Hudah damage repairs project in Madagascar.
The project objective is to open up the
four provinces of Madagascar (Antsiranana, Majunga, Tuelar and Fiananaransto)
in order to restore agricultural activities and access to social services,