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
Investment firm Phatisa has sold its majority stake in Zambia’s egg producer Goldenlay. Belgian animal feed company Vanden Avenne acquired the...
Ghana has signed a debt restructuring agreement with Belgium, its eighth such deal with external creditors. The agreement forms part of the country’s...
Angola secures World Bank-backed debt swap to finance education system Up to $400 million commercial debt to be refinanced on better...
IFC leads package with support from Proparco, BII, OPEC Fund Programme could finance at least 1,500 SMEs over four years Rawbank said on...
Most Read
01

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
02

Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...

As Hormuz and Suez Tensions Escalate, Africa Faces a Potential Energy and Trade Shock
03

Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...

Algeria’s NESDA, ASICOM Sign SME Investment Deal; Funding Details Unspecified
04

DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...

DRC seeks ITC support to advance battery mineral value chains
05

Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...

Nigeria Advances Banking Reform With Strong Recapitalization Progress
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.