Arab Today, arab today kuwait fund signs 205m loan for burkina faso airport
Last Updated : GMT 12:48:35
Arab Today, arab today
Arab Today, arab today

Kuwait Fund signs $20.5m loan for Burkina Faso airport

Arab Today, arab today

Arab Today, arab today Kuwait Fund signs $20.5m loan for Burkina Faso airport

Kuwait - KUNA

The Kuwait Fund for Arab Economic Development (KFAED) signed a loan agreement worth KD 5.8 million (USD 20.5 million) to fund the Ouagadougou Airport project in Burkina Faso. The project aims to achieve economic and social development in Burkina Faso and top improve its contact with other nations through the airport located 35km north of the capital city, Ouagadougou. The airport will respond to the increasing travel demands, incoming, outgoing or transitting, providing its services to around 1,000 travellers through three jumbo aircraft at peak hours. Signing the agreement on behalf of the Kuwaiti state fund was its Director-General Abdulwahab Al-Bader with Burkina Faso's Minister of Economy and Finance Lucien Marie Noel Bembamba. The agreement was signed in Kuwait on the fringes of the African-Arab Economic Forum, which precedes the higher level African-Arab Summit due in a week. KFAED has so far handed 15 loans to Burkina Faso worth a total KD 50.1 million (USD 177 million) for various key projects in the land-locked central African nation. Burkina Faso later signed another agreement with the Islamic Development Bank (IDB) and the Arab Bank for Economic Development in Africa for the funding of the same project, according to a KFAED statement.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait fund signs 205m loan for burkina faso airport Arab Today, arab today kuwait fund signs 205m loan for burkina faso airport

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait fund signs 205m loan for burkina faso airport Arab Today, arab today kuwait fund signs 205m loan for burkina faso airport

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday