Public Management

Ivorian govt to pump CFA1bln into scientific research

Ivorian govt to pump CFA1bln into scientific research
Wednesday, 03 June 2020 14:52

The Ivorian government announced an investment of CFA1 billion into scientific research, mainly to better the response plan against the current pandemic facing the world.

According to Adama Diawara (pictured), the minister of higher education and scientific research, the resources will enable researchers to manufacture drugs against the coronavirus and “to provide clear scientific answers to fundamental questions in the fight against the pandemic.

This government decision to dig more into the research field was sparked by the development in Madagascar of the Covid-Organics, a (disputed) plant-based treatment against the disease. While the international community is striving to develop a vaccine, Africa is more into finding a cure.

Let’s note that the new financing from the government is a support to the strategic support program for scientific research (PASRES), which plans to invest CFA197 million in 15 research projects in the health, technology, sociology and economic sectors across Côte d'Ivoire. The country has reported to date at least 2,951 affected people, 33 deaths and 1,467 recovered.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
IFC considers up to $8 million in Aruwa Fund II $50 million fund targets Nigerian, Ghanaian SMEs Focus on women-led firms in underserved...
Vista acquires 99.99% of Saham Assurances Niger Company rebranded as Vista Assurances Niger Deal marks entry into Niger’s small insurance...
Beltone acquires Baobab Group for €197.6 million Deal expands footprint into seven sub-Saharan countries Baobab serves 1.6 million...
Nigeria’s BoI launches CBN-approved Islamic finance window Bank to offer Ijara leasing and Mudaraba contracts Move targets underserved businesses,...
Most Read
01

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
02

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
03

Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...

Rwanda Mobilises Global, Local Finance for $2Bln Innovation City Targeting Africa’s Digital Economy
04

MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...

MTN’s Talks to Buyout IHS: A Strategic Reversal That Could Reshape African Telecoms
05

Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...

Safaricom launches M-Pesa platform for stock trading in Kenya
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.