BADEA


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AcronymDefinition
BADEABanque Arabe de Développement Economique en Afrique (ABEDA)
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Musa pointed out to the BADEA achievements including the implementation of financing operations in sub-Saharan Africa at an amount exceeding five billion and four hundred million US dollars, praising the bank's preservation for the quality of the financial center, its use of e-governance to improve the system of internal control and its keenness to expand the building and link it to modern technological equipment.
The electoral bodies had the necessary resources to ensure effective preparation for the election and their conduct, Badea added.
"These visits serve as interactive platform to exchange experiences and successful practices in government finance operations and affirms the UAE's continuous support towards BADEA and other joint Arab action institutions."
"We are looking for more financial support from BADEA to African countries as Egypt is interested in strengthening its relations with Africa," Minister of Investment and International cooperation Sahar Nasr was quoted as saying in the statement.
In turn, Brahim stressed Tunisia's commitment to expand its cooperation with African countries in several fields of activity, indicating that Tunisia has factors of experience and skills in the public and private sectors to contribute to the strengthening of cooperation between Tunisia and BADEA.
Badea has been married for 25 years to Eman Ali, a dentist with the Bahrain Ministry of Heath, and they have three children -- Nooh, 19, Noor, 15, and Naya, 10, and live in Saar.
BADEA is an independent International Institution established by 18 Arab States in February 1974 to strengthen African-Arab cooperation.
The event is themed "Arab and African women and entrepreneurship," which shed light on BADEA's objectives and strategic roles as a financial institution enforcing the cooperation between Arab and African countries.
The meeting was attended by Badea director-general Abdul Aziz Khalaf, with the participation of the bank's board of directors.
2 April 2012 - Arab Bank for Economic Development in Africa ??(BADEA) said today it had inked a USD10m (EUR7.5m) loan agreement with the Republic of Togo to finance a major road project in the country.
Aged just 17 when she was kidnapped from her home near Bucharest in March 2008, Marinela Badea found herself being pimped out to massage parlours in the West Midlands.