The Arab Bank for Economic Development in Africa (BADEA) has received a long-term credit rating in foreign currencies “AA” with perspective & laquo; stable”, from the Global Ratings (S&P) rating agency.

With the aim of strengthening economic, financial and technical cooperation between the Arab and African regions, and the implementation of Arab-African solidarity on a basis Of Equality and Friendship, the Arab Bank for Economic Development in Africa (BADEA) received a long-term credit rating in foreign currencies from the Global Ratings Rating Agency (S&P).

Indeed, the bank has an exceptionally strong governance structure, which only allows lending to non-shareholder countries, and BADEA serves as a reliable and highly effective catalyst for Arab funds for development in Africa. This is essential for the shared prosperity of both regions.