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02 Jun 2014 description

In a ceremony during the side meeting of the African Development Bank Annual Meetings held in Rwanda during (19-23 May 2014), the Arab Bank for Economic Development in Africa (BADEA) signed seven (7) loan agreements with the Republics of: Rwanda (US $ 11.20 million for financing the Rural Electrification Project in “Nyagatare” and “Burera” Districts); Seychelles (US $ 6.50 million for financing the Perseverance Island Infrastructures Project (Phase 2); Burkina Faso, (US $ 10 million for financing the Koungoussi - Djibou” Road Project, Lot 1: Koungoussi –Yargo); Côte D’Ivoire (US $ 10 …