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50th anniversary of BADEA: the bank's commitments in Benin appreciated

31/07/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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During the celebration of the fiftieth anniversary of BADEA in Accra, Ghana, the Project Manager of the Head of State of Benin, Dr. Zul-Kifl Salami, appreciated the commitments of the Arab Bank for Economic Development in Africa (BADEA) in Benin, Dr. Zul-Kifl Salami, appreciated the commitments of the Arab Bank for Economic Development in Africa (BADEA) in Benin.

On the occasion of a BADEA “breakfast for leaders” to celebrate the 50th anniversary of the institution, Zul-Kifl Salami, expressed his pride in the recognition of his significant contribution to the success of BADEA. According to Dr., the financial institution whose mission is to strengthen economic, financial and technical cooperation has contributed significantly to economic development and cooperation between African and Arab countries. It approved 13.012 billion US dollars in aid to countries and 1858 development and technical assistance projects

.

noted that the Bank has financed projects in Benin at the University of Agriculture in Porto-Novo (15 billion FCFA), the University of Sciences, Technologies, Engineering and Mathematics of Abomey (15 billion F CFA), the 20,000 social housing program (30 billion F CFA), the University of Sciences, Technologies, Engineering and Mathematics of Abomey (15 billion F CFA), the 20,000 social housing program (30 billion F CFA) CFA), and several other educational and environmental initiatives. 02 major projects illustrate the strategic importance of BADEA's commitment in Benin: the Cotonou—Parakou road and the coastal erosion project

(Phase 1).
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