KFAED, Sierra Leone sign loan agreement

Kuwait Fund for Arab Economic Development (KFAED) siged with Sierra Leone a loan agreement according to which the fund shall grant that country 4.2 million Kuwaiti dinars (KD) to finance three hospital projects in the capital Freetown. A KFAED statement said that Sierra Leone's Minister of Finance signed on behalf of his country while the fund was represented by its deputy director general Ghanim Al-Ghunaiman in Freetown yesterday. The statement added that the loan will be used to finance three hospital projects and other medical units, in addition to other electrical equipment and logistics services.