IsDB, BADEA to co-finance development projects in Africa

Islamic Development Bank Group

AFRICA – The Islamic Development Bank (IsDB), and the Arab Bank for Economic Development in Africa (BADEA) have signed an agreement aimed at boosting co-financing of development projects in common member countries in Africa. The agreement is part of IsDB efforts to renew its partnership with development institutions at a time when the world is facing unprecedented socio-economic challenges caused by COVID-19 pandemic. In the past ten years, IsDB and BADEA have co-financed more than a dozen projects in Ivory Coast, Guinea, Gambia, Sierra Leone, Mali, Senegal, Chad, Niger, Togo…

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