Search
Search
Journalism from the heart of crises
  1. Home
  2. West Africa
  3. Guinea

African bank loans US $ 13.20 million for rural development

    ABIDJAN
    Guinea will get an African Development Bank loan of some US $13.20 million for food security and poverty reduction projects in rural areas, the pan-African institution said. The project - aimed at rural communities in Upper Guinea - will develop 1,760 hectares of irrigated plains, 1,050 ha of cashew trees and reforest 420 ha of land. In addition, 336 km of roads will be rehabilitated and 424 km of feeder roads maintained. The loan, approved on Friday, is repayable over 50 years after a 10-year grace period.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

    Share this article

    Get the day’s top headlines in your inbox every morning

    Starting at just $5 a month, you can become a member of The New Humanitarian and receive our premium newsletter, DAWNS Digest.

    DAWNS Digest has been the trusted essential morning read for global aid and foreign policy professionals for more than 10 years.

    Government, media, global governance organisations, NGOs, academics, and more subscribe to DAWNS to receive the day’s top global headlines of news and analysis in their inboxes every weekday morning.

    It’s the perfect way to start your day.

    Become a member of The New Humanitarian today and you’ll automatically be subscribed to DAWNS Digest – free of charge.

    Become a member of The New Humanitarian

    Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

    Join