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Kuwait Fund For Arab Economic Development (Kuwait City)

The Kuwait Fund Finances a Highway Project in Swaziland

A Loan Agreement was signed today in Mbabane between the Kingdom of Swaziland and Kuwait Fund for Arab Economic Development whereby the Fund will extend a loan of Kuwaiti Dinars 4,000,000/- (i.e. equivalent of 14 million US$) to help finance the Manzini-Mbadlane Highway Project in the Kingdom of Swaziland.

The Loan Agreement was signed on behalf of the Kingdom of Swaziland by Mr. Martin Dlamini, Minister of Finance, and the Deputy Director-General of the Kuwait Fund for Arab Economic Development, in attendance of His Excellency Hasan Oqab, Ambassador of the State of Kuwait to South Africa and Mr. Abdulrahman Al-Hashim, Regional Manager for Central, East and South African Countries.