Arab Bank for Economic Development in Africa (BADEA)

The Arab Bank for Economic Development in Africa (BADEA) is a financial institution established to promote economic development and cooperation between Arab countries and African nations. Founded in 1974, BADEA provides funding for development projects, such as infrastructure, agriculture, and education, to support economic growth in Africa. The bank aims to enhance trade and investment relations, facilitate technology transfer, and strengthen partnerships between the Arab world and Africa, ultimately contributing to sustainable development and poverty alleviation in the region.