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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 …

01 Dec 2008 description

The year 2008 is the fourth year of the Fifth Five Year Plan (FFYP: 2005-2009). Allocations approved for the FFYP period, amounted to $ 900 million, provided from the Bank's internal equity sources. Within the framework of the Plan, priority was given to agriculture and rural development and infrastructure sectors without neglecting other important sectors such us industry power, health, education and the environment.