The Board of Executive directors of the Bank, at its 344th meeting held on 13 February 2022, approved a total of EUR 297.67 million for 3 Member Countries under the Regional Hub of Dakar. These are: EUR 35.14 million for Phase 3 of the Hydro-Agricultural Development Project in Upper Sassandra and Fromager Regions in Cote d’Ivoire, EUR 24.30 million for Phase 2 of the Development of Technical and Vocational Education Project, Guinea, and EUR 238.23 million for the Construction of the Dakar – Tivaouane - Saint Louis Highway/ Mékhé - Saint Louis Project.
First pledges towards GPE’s “Raise Your Hand” financing campaign in the Middle East
JEDDAH, 6 April 2021 – The Islamic Development Bank and Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives, today committed $202.5 million towards GPE’s 2021-2025 “Raise Your Hand” financing campaign, with the Islamic Development Bank pledging $200 million and Dubai Cares contributing $2.5 million.
The pledges – the first from the Middle East region – use innovative financing approaches to help transform education in lower-income countries.
