e/Arab Bank for Economic Development in Africa

Information
has gloss	eng: The Arab Bank for Economic Development in Africa (BADEA) (المصرف العربي للتنمية الاقتصادية في أفريقي) is a financial institution funded by the Governments of the Member States of the League of Arab States on 18 February 1974 . It is an independent international institution enjoying international legal status and autonomy in administrative and financial matters. Its headquarters is located in Khartoum, the capital of the Republic of Sudan.BADEA was created for the purpose of strengthening economic, financial and technical cooperation between the Arabia and Africa and for the embodiment of Arab-African solidarity on foundations of equality and friendship. To achieve this, the Bank was given a mandate to: Participate in financing economic development in African countries; Stimulate the contribution of Arab capital to African development; * Help provide the technical assistance required for the development of Africa.
lexicalization	eng: Arab Bank for Economic Development in Africa
instance of	(noun) an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets financial organization, financial organisation, financial institution