During the 44th annual meeting of the Islamic Development Bank Group (Marrakech, 3-6 April), with the success of their cooperation in the field of agricultural resources, BADEA and G5 Sahel have agreed to broaden their scope of cooperation in the field of infrastructures.
Created in 2014, the G5 Sahel is a regional organization that aims to increase the security and development of people in Burkina Faso, Mali, Mauritania, Niger and Chad.
Since 1973, the year of its foundation by the League of Arab States, BADEA finances the economic development of African countries, encourages investment of Arab capital and contributes to the provision of technical assistants.
The partnership between G5 Sahel and BADEA began shortly after the G5 Sahel Heads of State asked the Permanent Secretariat to identify the agricultural, animal and fishery potential of the region (Bamako, February 6, 2017).
This new contribution from BADEA is part of the implementation of the Priority Investment Program (PIP) – a portfolio of 40 projects set up by G5 Sahel for a total amount of 1.9 billion euros.
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