malvernmugadzikwa
Online Reporter
Zimbabwe will next week host the Southern African Development Community (SADC) and the Arab Bank for Economic Development in Africa (BADEA) investment forum for the two parties to discuss regional priority projects and potential financing solutions.
In a joint statement this Thursday, SADC and BADEA said the investment forum will bring together Government officials, the private sector and financing institutions to deliberate on potential areas of investment in the region and establish solutions for sustainable financing, regional integration, sustainable development and poverty reduction.
The statement said the investment forum will be held on the sidelines of the SADC Council of Ministers and the 44th SADC Summit of Heads of State and Government.
“The forum will also commemorate the 50th anniversary of BADEA’s continued commitment towards the development of Africa, through sustainable financing solutions for regional integration and infrastructure development,” reads part of the statement.
BADEA is a multilateral development financial institution owned by 18 Arab countries with the bank founded to foster and enhance economic, financial and technical cooperation between Arab and African countries.
Bongani Ndlovu
Online Reporter