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
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...
Madagascar is going through one of the most turbulent periods in its recent political history. After...
The program will empower 7,500 African SMEs with AI and digital trade skills to boost cross-border business growth. It aligns with AfCFTA goals to...
TCS, Sybyl, and iXAfrica signed an MoU to establish sovereign cloud infrastructure in Kenya and East Africa. TCS provides AI-powered cloud...
MTN Group reached 301.3 million customers across 16 markets, highlighting its expansive footprint in Africa. Fintech transaction value surged 38.0% to...
AfDB’s USD 239 million commitment secures completion of the Northern Corridor, removing the Kampala bottleneck and guaranteeing regional...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...
The Okapi Wildlife Reserve, located deep within the Ituri Forest in the northeastern Democratic Republic of Congo, stands as one of the Congo Basin’s most...