Islamic Development Bank provides Sudan with loans

Khartoum, April 10, SPA -- The Islamic Development Bank (IDB) has
agreed to grant Sudan a loan worth $12,6 million to finance a project
for "Water Harvesting" in Gedaref state, eastern of Sudan which will
be designed to secure water resources for human and animal use by
building 3 dams, dig 27 wells and provide other facilities, it was
announced here today.

In a statement, the IDB's Resident Representative to Sudan,
Zeinelabidene Ali Sayed Ahmed said that the bank also agreed to
finance another project of cotton gins with a loan amounting to $19,5
million, to bring to $ 900 million the total loans Sudan received
from the IDB since 1977.
--SPA