$40 million dollar from Arab Bank to develop African countries

The board of directors of the Arab Bank for Economic Development in Africa agreed at the conclusion of its meetings in Damascus to grant six African countries $40 million to finance many basic infrastructure projects in Zambia, Zimbabwe, Cote D'Ivoire, Kenya, Mali, and Madagascar. These funds will be specified for developing agriculture projects, textile industries and small projects specified for combating unemployment among the youths of these countries.