Posted by: africanpressorganization | 9 April 2009

Cooperation between BADEA and the Republic of Guinea



Cooperation between BADEA and the Republic of Guinea


KARTHUM, Sudan, April 9, 2009/African Press Organization (APO)/ — Within the framework of cooperation between the Arab Bank for Economic Development in Africa (BADEA) and non-Arab African countries, H.E. Mr. Mamady KHALLO Minister of Public Works, visited today Wednesday, 08TH of April 2009, the Bank’s Headquarters in Khartoum and met with the Director General H.E. Mr. Abdelaziz KHELEF.



Discussions revolved around current joint activities and future cooperation between the Republic of Guinea and BADEA in the infrastructure sector, exploring means of promoting and developing such cooperation. The two parties expressed their satisfaction with the performance of the cooperation programme and pledged to strengthen it.

By the end of March 2009, BADEA’s assistance to the Republic of Guinea reached US $ 156.083 million to participate in financing 38 development projects and technical assistance operations.

The total Arab Financing Institutions aid to the Republic of Guinea, including BADEA’s assistance, has reached US$ 784.000 million until end of 2008.


SOURCE : Arab Bank for Economic Development in Africa (BADEA)



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