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.