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Ecobank and BADEA Sign USD40 Million Loan Agreement

Ecobank Transnational Incorporated (ETI), parent company of independent pan-African banking group Ecobank, and Khartoum-based Arab Bank for Economic Development in Africa (BADEA) today entered into a USD 40 million loan agreement. Under the terms of the agreement, BADEA will provide these funds to support trade between BADEA member countries and Ecobank clients in sub-Saharan Africa.

Photo: BADEA

Arab Bank for Economic Development in Africa (BADEA)

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