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
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Koryx adds gold and molybdenum to Haib resource estimate Update points to stronger profitability and longer mine life New prefeasibility study...
Five-year strategy targets stronger production and market structure Project backed by EU and Germany to improve inputs and cold chain Plan aims to...
Australian junior plans phased investment across multiple copper projects Initial $2–3 million to fund exploration through 2026 Strategy aligns...
Demand for developers rises globally, driven by digital transformation Salaries and opportunities expand, including remote work for African...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...