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African Solidarity Fund: the 3rd Session of Governors was held in Abidjan

24/06/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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The 3rd ordinary session of the Governors of the African Solidarity Fund (FSA) took place at the Sofitel Hotel Ivoire on Friday, June 21, 2024. It was an opportunity for the FSA to reaffirm its commitment to supporting Africa's economic development and improving access to finance for businesses on the continent

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The 3rd ordinary session of FSA Governors, which took place in the Chandelier Room, provided an opportunity to review the work of the Fund and to sign two important agreements with international financial institutions. Two major agreements have been signed, namely a letter of intervention with the African Development Bank style="font-family: "Bookman Old Style”, “serif"> (BAD) > (BAD) and a financing agreement with the Arab Bank for Economic Development in Africa (BADEA). EFSA style="font-family: "Bookman Old Style”, "serif"> plays a crucial role in guaranteeing bank loans and bond loans for the financing of industrial, agricultural, commercial, commercial, commercial, infrastructure and infrastructure projects. services. These projects must be financially and economically viable and are carried out in FSA member states

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