BADEA’s Board of Directors Holds Its Second Meeting for the Year 2004

The approved financing projects for the benefit of the African Countries:

A) Projects:

1) The Republic of Benin: A loan of US $ 3.7 million to finance the construction of the mathematics and physics science institute in Badandjoubo.

2) The Republic of Cape Verde: A loan amounting to US $ 3.6 million to finance the construction of two secondary schools in Santiage Island project.

3) The Republic Kenya: A loan in an amount of US $ 5.0 million to finance a line of credit to the industrial development bank.

4) The Republic of Senegal: A US $ 8 million loan to finance rural water supply in N’diosmone - Palmarin Region.

5) The United Republic of Tanzania: A loan of US $ 9.6 million to finance Marangu-Tarakea-Kamwanga road project

6) The Republic of Rwanda: Additional loan amounting to US $ 2.0 million to finance the rehabilitation of three hydro power stations.


B) Technical Assistance Operations

1) Eritrea: A technical assistance grant in the amount of US $ 500 000 for the preparation of the feasibility study of Massawa-Assab Road Project.

2) Eritrea: A technical assistance grant amounting to US $ 85 000 to finance the institutional support to the national institute for agriculture research.

3) The Republic of Chad: A technical assistance grant amounting to US $ 270 000 to finance Institutional Support to the Faculty of Micro and Applied Sciences in the National University in N’djamena.

4) The Republic of Chad: A technical assistance grant in the amount of US $ 80 000 to finance the extension of the agriculture expert to support lake development company.

5) The Republic of Senegal: An additional technical assistance grant amounting to US $ 65 000 to finance the feasibility study for the construction of new airport in Dakar.

6) Regional: A technical assistance grant amounting to US $160 000 to finance a training session in the field of Maintenance of Textile Machinery Equipment for the benefit of Francophone African countries.

7) Regional: A technical assistance grant amounting to US $ 240 000 to support the Development Bank of the States of Central Africa.

8) Regional: A technical assistance grant amounting to US $ 160 000 to finance the cost of the participation of the Least Developed African countries in the Regional Conference on Micro-Financing in the Middle East and Africa.

 

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