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Download logo On Wednesday in Abidjan, the African Development Bank Group (www.AfDB.org) approved funding of $127.8 million to Niger. The funds approved by the Board of Directors of the African Development Fund, the Group's concessional arm, will be used for a project to open up access to farming and pastoral lands in the east of the […]
On Wednesday in Abidjan, the African Development Bank Group approved funding of $127.8 million to Niger. The funds approved by the Board of Directors of the African Development Fund, the Group's concessional arm, will be used for a project to open up access to farming and pastoral lands in the east of the country, along its border with Nigeria. The approved package comprises a loan of $71 million and a grant of $56.8 million. African Development Bank Director General for West Africa, Marie Laure Akin-Olugbade, said: "This is one of the priority projects within the national transport strategy. It is intended to maximize the benefits gained from the wealth of resources and opportunities offered by this region, which will amplify its impact on development, improve the resilience of those living there, and contribute, through the growth it generates, to the transformation of the rural setting."
AfDB bankrolls Niger s eastern region opening-up apanews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apanews.net Daily Mail and Mail on Sunday newspapers.