PLAYBACK: BADEA prosperity partnership- 50 years of Arab-Africa cooperations and launch of the AAFC
The Arab Bank for Economic Development in Africa (BADEA) was established under the resolution of the 6th Arab Summit Conference at Algiers (28 November 1973). The Bank began operations in March 1975. BADEA is a financial institution owned by eighteen Arab member countries of the League of Arab States (LAS) which signed its Establishing Agreement … The post PLAYBACK: BADEA prosperity partnership- 50 years of Arab-Africa cooperations and launch of the AAFC appeared first on Asaase Radio.
The Arab Bank for Economic Development in Africa (BADEA) was established under the resolution of the 6th Arab Summit Conference at Algiers (28 November 1973).
The Bank began operations in March 1975.
BADEA is a financial institution owned by eighteen Arab member countries of the League of Arab States (LAS) which signed its Establishing Agreement on 18 February 1974.
The Bank is an independent International Institution enjoying full international legal status and complete autonomy in administrative and financial matters. It is governed by the provisions of its establishing agreement and the principles of international law.
On Sunday (21 July) in Accra, BADEA launched its 50 years anniversary and also launched the Arab-Africa Financial Consortium (AAFC).
Watch the full video of the event below:
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The post PLAYBACK: BADEA prosperity partnership- 50 years of Arab-Africa cooperations and launch of the AAFC appeared first on Asaase Radio.
