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
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
The government launched FUGAS, a new digital administrative and payroll system, as a strategic reform tool. The initiative forms part of a broader...
Yttrium oxide prices jumped from $6/kg to $220–320/kg after China restricted exports. South Africa prepares to enter medium-term yttrium...
Maersk will resume transit through the Suez Canal from December 2025 after a two-year diversion. The Suez Canal Authority has cut transit fees by 15%...
AGL Cameroon invested CFA1 billion ($1.8 million) in new port equipment. The company has already spent more than CFA8 billion on equipment in...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...