Content from our Premium Partner

Kuwait Fund For Arab Economic Development (Kuwait City)

KF Finances the Gambia Segment of OMVG Interconnection Project

A Loan Agreement was signed today in Kuwait, between the Government of the Islamic Republic of The Gambia and Kuwait Fund for Arab Economic Development (the Fund), whereby the Fund will make a loan in the amount of seven million Kuwaiti Dinars (K.D.7,000,000/-), equivalent to about U.S. $ 23.8 million, to the Islamic Republic of The Gambia, to assist in financing The Gambia segment of OMVG Interconnection Project.

The Loan Agreement was signed by H.E. Abdou kooly - Minister of Finance and Economy , from The Gambia, who also signed the Project Administration Agreement together with Mr. Dawada Samba Sovv ,on behalf of Gambia River Basin Development Organization.

AllAfrica publishes around 700 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.