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Arab-African financial cooperation: Sid Ould Tah to participate in the MSGBC Oil, Gas & Power conference in Dakar

14/08/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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The Arab Bank for Economic Development in Africa (BADEA) launched the Arab-African Financial Consortium aimed at strengthening financial cooperation between the two regions, during the celebration of its 50 years of existence. Sid Ould Tah will participate as a speaker at the MSGBC Oil, Gas & Power conference in Dakar next December to attract more Arab capital and technical support to West Africa

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BADEA has financed more than 700 projects in 44 African countries, with total investments in excess of 6 billion dollars. Indeed, at the MSGBC Oil, Gas & Power 2024 conference, the president of BADEA will discuss strategies for reducing risks and accelerating the financing of infrastructure projects throughout the region, with a particular focus on Senegal

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Il faut noter que BADEA has financed more than 700 projects in 44 African countries, with total investments in excess of 6 billion dollars. The bank's lending strategy focuses on four key areas namely, infrastructure, agricultural value chains, private sector development and trade finance, as well as support for SMEs.

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