Arab Bank for Economic Development in Africa

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Arab Bank for Economic Development in Africa

A bank established by the League of Arab States in 1974 to promote economic development in Africa. It provides grants to African governments for certain projects. In order to encourage regional integration, ABEDA provides funds for a single project that will be carried out in several countries. Its headquarters are in Khartoum, Sudan.
References in periodicals archive ?
The 38th annual meeting of the Board of Governors of ABEDA discussed the annual report of the Board of Directors on the bank's work for the fiscal year 2012, considered the appointment of auditors for 2013 and determined their remuneration in addition to discussing the possibility of increasing the bank's capital, along with selecting the Chairman of the Board of Governors and a deputy for the 39th meeting.
The 38th annual meeting of the Board of Governors of ABEDA will discuss the annual report of the Board of Directors on the bank's work for the fiscal year 2012, consider the appointment of auditors for 2013 and determine their remuneration in addition to discussing the possibility of increasing the bank's capital, along with selecting the Chairman of the Board of Governors and a deputy for the 39th meeting.