{"id":465018,"date":"2019-03-06T14:09:36","date_gmt":"2019-03-06T13:09:36","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=465018"},"modified":"2019-03-06T14:09:36","modified_gmt":"2019-03-06T13:09:36","slug":"senegal-badea-signs-two-loan-agreements-with-brm","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/03\/06\/senegal-badea-signs-two-loan-agreements-with-brm\/","title":{"rendered":"Senegal: BADEA signs two loan agreements with BRM"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The Arab Bank for Economic Development in Africa (BADEA) and the Regional Bank of Markets (BRM) of Senegal signed on Tuesday, February 26, two loan agreements with a total value of $ 30 million for the second named. The two agreements were signed by the Director General of BADEA, Sidi Ould Tah and the Director General of BRM Senegal, Alioun Kamara.<\/p>\n<p>The first loan, worth $ 10 million, will be used to finance projects in the Senegalese private sector under the BADEA program to finance its seventh five-year plan (2015-2019).<\/p>\n<p>The second loan is a $ 20 million credit facility to finance the foreign trade line. It is part of BADEA&#8217;s program for African countries to help the borrowing bank finance the importation of Arab goods and products by re-lending resources to its clients.<\/p>\n<p>Also, the credit line will strengthen trade between Arab and African countries.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The Arab Bank for Economic Development in Africa (BADEA) and the Regional Bank of Markets (BRM) of Senegal signed on Tuesday, February 26, two loan agreements with a total value of $ 30 million for the second named. The two agreements were signed by the Director General of BADEA, Sidi Ould Tah and the Director<\/p>\n","protected":false},"author":527297,"featured_media":465022,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12000,11996,12040],"tags":[12152,14471,12147],"class_list":{"0":"post-465018","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-banks-insurance","8":"category-finance-en","9":"category-international-institutions","10":"tag-badea-en","11":"tag-brm-en","12":"tag-senegal-en","13":"post_format-post-format-aside","14":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Senegal: BADEA signs two loan agreements with BRM - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2019\/03\/06\/senegal-badea-signs-two-loan-agreements-with-brm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Senegal: BADEA signs two loan agreements with BRM\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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