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Islamic Finance Briefing - Categorized | Banking, Finance more

IDB extends $ 12.4 mln financing for Mali

Posted on 25 June 2012

Dr. Ahmad Mohamed Ali, president of the Jeddah-based Islamic Development Bank (IDB) and Tiena Coulibaly, Mali’s minister of economy and finance signed an agreement worth $ 12.4 million for implementing a social housing project in Mali’s capital city of Bamako.
According to the agreement, by 2014 the project is expected to provide suitable housing along with basic facilities such as water, electricity and sanitation services for around 1000 families with limited income inBamako. The project will also provide around 8600 job opportunities during the construction period………………………………………..Full Article: Source

 
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