Road Projects in Five African Countries Receive Approval for Funding from IsDB

The Islamic Development Bank (IsDB), a strategic partner of several countries in the African continent announced the decision to provide financing for road projects in five countries in Africa for its 2021 closing.

Why it Matters?

On the 18th of December 2021, the IsDB’s Board of Directors approved a sum of USD 371 million for financing of the road projects. At its 343rd meeting chaired by H E Dr Muhammad Sulaiman Al Jasser, President and Chairman of the Board of Directors of IsDB, the Board of Executive Directors approved funding of USD 1.4 billion for new development projects in various member countries in Asia, Africa and Europe.

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