Overview

The Arab Bank for Economic Development in Africa (also known as Banque Arabe de Developpement Economique en Afrique - BADEA) was created for the purpose of strengthening economic, financial and technical cooperation between Arab and African countries, to make Arab-African solidarity a concrete reality and to base this co-operative venture on foundations of friendship and equality.
To this end, the Bank was given a mandate to:
Assist in financing economic development in non-Arab African countries.
Stimulate the contribution of Arab capital to African development.
Help provide the technical assistance required for the development of Africa.

Members: (17 plus the Palestine Liberation Organization) Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, UAE, Palestine Liberation Organization.
note: these are all the members of the Arab League excluding Comoros, Djibouti, Somalia, Yemen.

Logo

Image:

International Organization

Name	Formal Name	Established	Aim
ABEDA	Arab Bank for Economic Development in Africa	18 February 1974; effective: 16 September 1974	to promote economic development

based

1. http://www.badea.org/en/