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The Islamic Development Bank approved $1.365 billion for 14 projects in 12 countries, including infrastructure, energy, and health initiatives, while Togo advanced plans for a $14.7 billion West African motorway.
The Islamic Development Bank approved $1.365 billion in financing for 14 projects across 12 member countries to advance infrastructure, energy, water, agriculture, health, and education.
Key investments include road upgrades in Benin and Côte d’Ivoire, highway improvements in Bahrain and Lebanon, solar energy projects in Uzbekistan, and power grid connections in Mauritania.
Morocco, Sierra Leone, Cameroon, and Jordan received funding for water, sanitation, and agricultural development, while Mauritania and Tajikistan will expand health and tourism infrastructure.
Pakistan was included but specific details were not disclosed.
Meanwhile, officials in Togo concluded the 22nd technical meeting on the Abidjan-Lagos Corridor, finalizing designs and financing plans for 15 lots, establishing ALCoMA’s leadership, and advancing a $14.7 billion regional motorway project aimed at boosting trade and integration across five West African nations.
El Banco Islámico de Desarrollo aprobó $ 1,365 mil millones para 14 proyectos en 12 países, incluidas iniciativas de infraestructura, energía y salud, mientras que Togo avanzó en planes para una autopista de África Occidental de $ 14,7 mil millones.