Public Management

Côte d’Ivoire: France provides €30mln to strengthen covid-19 response plan

Côte d’Ivoire: France provides €30mln to strengthen covid-19 response plan
Wednesday, 10 June 2020 16:40

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

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Ghana enacts the VASP Bill 2025 to regulate digital assets under the Bank of Ghana, ending years of legal and regulatory ambiguity. The law mandates...
Sanlam Maroc takes a stake in Woliz, a local retail tech startup The deal marks Sanlam’s first long-term private equity venture in Morocco Investment...
Treasury securities issuance reached CFA5,272.8 billion from January to October Bond issues exceeded Treasury bills, signaling a shift to longer-term...
US strikes in Sokoto test Nigeria's financial stability, causing Eurobond yields to surge and investor risk premiums to rise sharply. The Naira...
Most Read
01

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
02

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
03

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
04

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
05

MTN Zambia launched a Mastercard-powered virtual card enabling secure global online payments for u...

MTN MoMo, Mastercard Partner in Zambia to Boost Global Payments
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.