19/09/2014

AfDB approves US $144 million for projects and programmes in Mali, Angola and Burkina Faso (African Development Bank Group)

(Source: African Development Bank Group) 18/09/2014 Abidjan, Côte d'Ivoire - Executive Directors of the African Development Bank Group (AfDB) met in Abidjan on Wednesday, September 17, 2014, and approved five projects worth US $144.4 million for Mali, Angola and Burkina Faso. ?16.8 million for the diversification of Moulin Moderne du Mali M3 The Board approved a ?16.8-million (10.8 billion francs CFA) private sector corporate loan to help Mali's agro-food company, Moulin Moderne du Mali M3 diversify its activities. The loan, to be provided through the local currency framework in CFA, francs, will help M3 set up seven production chains on its site at Ségou, in northern Mali, for the...
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