France announced the disbursement of €30 million to help the Ivorian government strengthen its response plan against the coronavirus pandemic. The financing agreement was signed between the two sides on June 9.
The resources will be granted under the Debt Reduction-Development Contract (C2D) and a sovereign loan from the French Development Agency; €12.5 million (CFA8.26 billion) will come from the Debt Reduction-Development Contract (C2D) while €17.8 million (CFA11.74 billion) will come from AFD.
C2D's contribution will be used to acquire reagents, inputs, and equipment for the patient care laboratories; finance electrical work at the Pasteur Institute; rehabilitate and equip seven laboratories; support the communication of the National Institute of Public Hygiene (INHP) and research.
AFD's sovereign loan will be used to purchase biomedical equipment for the new public health pharmacy. Part of this amount will be paid directly to the Treasury to refinance payments already made.
As a reminder, Côte d'Ivoire's health response plan is estimated at CFA 95.88 billion (around €146 million). The latest official data reports 3,881 confirmed cases, 38 deaths, and 1,869 recoveries in the country.
André Chadrak
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...
The Gates Foundation and ADQ launched a four-year initiative to transform education in sub-Saharan...
Tinubu approves partial write-off of NNPC debts to Nigerian government Decision cancels $1.42 billion and 5.57 trillion naira obligations Move...
Djibouti, Egypt sign port, logistics and energy cooperation agreements Deals include 23-MW solar plant to power Doraleh port operations Aim is to cut...
Algeria launches $207 million tire factory project in Touggourt Plant targets 5 million annual units, boosting industrial self-sufficiency Move...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal insertions, urges suspension and investigation Government...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...