At its 343rd meeting held on December 18, 2021 in Jeddah (Saudi Arabia), the Board of Directors of the Islamic Development Bank (IDB) approved nearly $1.6 billion in financing for 24 new development projects. development.

The new financing targets in 19 IDB member countries in Africa, Asia and Europe. Approved projects cover a wide range of development sectors, including road construction and high-speed transport; clean and renewable energy; poultry, fishing, irrigation and agriculture; feeding children; university and technical education, as well as vocational training.

Approvals include $1.37 billion in financing from the Bank's ordinary capital resources (OCR), in addition to $16.5 million in financing from the IDB's poverty alleviation arm, the Fund of Islamic Solidarity for Development (FSID). The beneficiary countries are: Indonesia, Pakistan, Uganda, Senegal, Guinea, Ivory Coast, Burkina Faso, Nigeria, Togo, The Gambia, Guinea-Bissau, Sierra Leone, Turkmenistan, Bahrain, Albania, Tajikistan, Chad, Niger, Mali .