Algeria - Support to the organization of the African business and investment forum


Project Summary

Approval Date 13 Oct 2016
Signature Date 21 Nov 2016
Planned Completion Date 30 Jun 2017
Last Disbursement Planned Date 31 Dec 2017
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 33120
Commitment U.A 398,000
Status Completion

Project General Description

The proposed project aims at providing Algeria with a grant of UA 398,000, financed from the resources of the Technical Assistance Fund for Middle Income Countries (MIC-TAF), to support the organization of the African Investment and Business Forum (AIBF). This support is in response to a request made to the Bank by the Algerian authorities in August 2016. It aims at supporting the Algerian authorities' efforts to organize the AIBF which is an important event with a continental scope and whose main objective is to promote trade and economic partnership among African countries and to promote Algeria as an investment destination and business partner. The project has two components, namely: (i) Knowledge sharing and provision of networking workspaces; (ii) Conference logistics. This operation will be implemented over a period of six (6) months from the date of grant approval.

Project Objectives

Within the framework of this project, the Bank intends to support the Algerian authorities in the organisation of this important event with a continental scope and to mark its commitment to support the country's new growth and economic development model.

Beneficiaries

The main beneficiaries of this assistance are the Algerian authorities.

Participating Organization

Funding
Middle Income Countries Fund
Extending
Government Of Algeria
Implementing
GOUVT D'ALGERIE MINISTERE DE ECONOMIE DIR. EMPRUNT & ENG. DE L'ETAT

Information

IATI identifier 46002-P-DZ-KD0-002
Last Update 09 Dec 2022

Export

Contact Details

Name BOUZGARROU Malek
Email m.bouzgarrou@afdb.org

Geographic Location

Country Algeria
Coordinates Location Name
28.0 3.0 Algeria