Arab Bank for Economic Development in Africa
The ABEDA (French: Banque Arabe pour le Dâveloppement Economique en
Afrique -- BADEA) was created by the League of Arab States in November 1973
(began operations in March 1975) to promote economic and technical
cooperation between Arab and African states. Members include: Algeria,
Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco,
Oman, Qatar, Saudi Arabia, Sudan, Syria, Tunesia, the United Arab Emirates,
and the Palestine Liberation Organization. Bank headquarters are in
Khartoum, Sudan.