Arab Bank for Economic Development in Africa

Arab Bank for Economic Development in Africa

▪ international finance
French  Banque Arabe pour le Développement Économique en Afrique (BADEA),  Arabic  Al-Maṣrif al-ʿArabī lil-Tanmiyah al-Iqtiṣādī fī Ifrīqiyyā 

      bank created by the Arab League summit conference in Algiers, in November 1973, to finance development projects in Africa. In 1975 ABEDA began operating by supplying African countries with technical assistance. All members of the Organization of African Unity (OAU) are eligible as recipients, except those countries belonging to the Arab League. ABEDA includes all members of the Arab League except Comoros, Djibouti, Somalia, and Yemen. (Egypt's membership was suspended 1979–89.) The objectives of ABEDA are threefold: to assist African countries with large balance-of-payment deficits, to provide technical assistance, and to sponsor Arab investments in Africa through investment guarantees. The headquarters are located in Khartoum, The Sudan.

* * *


Universalium. 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • OPEC Fund for International Development — The OPEC Fund for International Development (OFID) is a multilateral development finance institution established in 1976 by the Member Countries of the Organization of the Petroleum Exporting Countries (OPEC). Its objective is to reinforce… …   Wikipedia

  • Abbreviations for International Organizations and Groups — Note: Not all international organizations and groups have abbreviations. A ABEDA Arab Bank for Economic Development in Africa ACC Arab Cooperation Council ACCT Agence de Cooperation Culturelle et Technique; see Agency for Cultural and Technical… …   Universalium

  • Outline of the United Arab Emirates — The Coat of arms of the UAE The Flag of the United Arab Emirates …   Wikipedia

  • North Bank Road — Alter Zustand zwischen Barra und Janjanbureh Alter Zustand zwischen Bar …   Deutsch Wikipedia

  • Common Market for Eastern and Southern Africa — Marché commun de l Afrique orientale et australe Mercado Comum da África Oriental e Austral Anthem: People of Africa[1] …   Wikipedia

  • Development aid — Development aid, German stamp (1981). Development aid or development cooperation (also development assistance, technical assistance, international aid, overseas aid, Official Development Assistance (ODA) or foreign aid) is aid given by… …   Wikipedia

  • Organisation for Economic Co-operation and Development — (OECD) …   Wikipedia

  • ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …   Encyclopedia of Judaism

  • Africa — /af ri keuh/, n. 1. a continent S of Europe and between the Atlantic and Indian oceans. 551,000,000; ab. 11,700,000 sq. mi. (30,303,000 sq. km). adj. 2. African. * * * I Second largest continent on Earth. It is bounded by the Mediterranean Sea,… …   Universalium

  • ARAB WORLD, 1945–2006 — The Arab world is divided into four subregions: the Maghreb (morocco , tunisia , algeria , libya , Mauritania), the Nile Valley (egypt and Sudan), the Fertile Crescent (syria , lebanon , iraq , jordan , and the palestinian authority ), and the… …   Encyclopedia of Judaism

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”