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BADEA Supports Shelter Afrique Development Bank Capitalization Program

Summary by ghanamma.com
Abdullah KH ALMUSAIBEEH and Thierno Habib-Hann BADEA Approves USD120 million to support Shelter Afrique Development Bank Capitalization Program Shelter Afrique Development Bank (ShafDB) has announced the signing of a strategic agreement with the Arab Bank for Economic Development in Africa (BADEA) to support its transformative capital increase initiative. Effectively, BADEA has approved a landmark USD […] The post BADEA Supports Shelter Afrique …
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Nairobi, July 31, 2025 – The Shelter Africa Development Bank (ShafDB) signed a strategic agreement with the Arab Bank for Economic Development in Africa (BADEA) for concessional funding of $120 million to support its capital increase programme, which aims to enable eligible Member States to settle and increase their subscriptions to the capital of the Pan-African institution specializing in affordable housing and urban development. Read more»

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TOP AFRICA NEWS broke the news in on Thursday, July 31, 2025.
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