June 6, 2014

Money for Tokar delta agriculture

Sudanese president Omer al-Bashir on Wednesday witnessed the signing of new agreements worth $100 million with the Islamic Development Bank (IDB) to fund three projects.

The projects include $50 million to finance the Delta Toker agricultural project as part of its previous pledges to the Eastern Sudan Reconstruction and Development Fund.

Also, there is $50 million for construction of an electricity carrier line between Babanousa and the third agreement deals with technical funding for the institutions for employment of youths.

Sudan's helped start the IDB which is currently celebrating its 40th anniversary. Sudan was the first country to contribute to the establishment of the bank.

The bank has extended $1.5 billion for construction of dams and other infrastructure projects in Sudan on recent years.

From All Africa

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