The Board of Executive Directors of the Islamic Development Bank (IsDB) has approved development projects worth about US$1.27 billion across 12 member countries in Asia, Africa, and the Middle East and North Africa (MENA) region.
The approvals were made at the Bank’s 362nd meeting held on September 29, chaired by IsDB President, Dr. Muhammad Al Jasser. The projects cut across agriculture, food security, education, renewable energy, health, ICT, transport, water resources, and governance reforms.
Pakistan’s transport sector will receive US$475 million for the M-6 motorway project to boost efficient connectivity along a critical corridor. In Uzbekistan, US$192 million will go towards upgrading the 4R40 road to enhance investment opportunities and tourism in the Jizzakh region.
Bangladesh is to benefit from US$143.28 million for the Sonagazi 220 MW Solar Power and Livelihoods Improvement Project, aimed at expanding renewable energy and stimulating local economies. Türkiye will access EUR140 million for the Antalya–Alanya motorway to ease congestion, improve safety, and cut emissions.
In Nigeria, IsDB approved US$50 million to strengthen agricultural resilience in Yobe State through market-oriented and climate-resilient value chains. Uganda is to receive US$36.8 million for regional oncology centres, alongside EUR73.33 million for the second phase of its Local Economic Growth Support initiative.
Senegal secured EUR36.51 million for a national school meals programme designed to improve student nutrition and link smallholder farmers to markets. The Republic of Guinea will receive EUR32 million for the completion of the Boké–Québo road to stimulate agricultural activities.
Tunisia was allocated EUR30 million to reinforce water supply infrastructure, while Sierra Leone will get US$30.55 million to boost the cassava value chain, creating opportunities for women, youth, and persons with disabilities.
Other beneficiaries include the Comoros, which will receive EUR6.30 million for e-government transformation; and Mauritania, with US$1.77 million for the second phase of its public procurement capacity-building project.
Additionally, the Bank approved US$7 million for Tadamon 2.0, a multi-country programme to promote digital literacy, healthcare, Islamic finance, and capacity-building for civil society organisations.
“These approvals demonstrate the Bank’s commitment to delivering tangible development impact by supporting inclusive growth, cleaner energy, resilient infrastructure, better health and education outcomes, stronger governance, and sustainable livelihoods,” Dr. Al Jasser said.
