Public Management

Côte d’Ivoire: France loans US$333 mln to boost connectivity and sanitation

Côte d’Ivoire: France loans US$333 mln to boost connectivity and sanitation
Friday, 08 July 2022 18:57

Over the past few years, Côte d’Ivoire has implemented several projects to improve the living conditions of its residents living in poor areas. The projects are supported by international partners.   

Côte d’Ivoire and the French Development Agency (AFD) recently signed two loan agreements totaling US$333.2 million to fund two connectivity and sanitation projects. The agreements were announced, Wednesday (July 6), on the official Twitter page of AFD country director Emmanuel Debroise.

The first agreement, which aims to strengthen connectivity in Côte d’Ivoire’s northern border region, concerns a US $201.9 million loan. It aims to facilitate mobility for more than 1.4 million people in the Savanes District.  

The second agreement is a US$131.3 million loan to finance a sanitation project in Yopougon, the country's largest commune. The project will improve the living conditions of more than 600,000 residents.

Let’s note that in December 2021, France and Côte d’Ivoire signed a US$56.7 million funding agreement for the Abidjan Restructuring Neighborhood Development Project (PARQA). The project aims to improve urban services such as electricity, public lighting, drinking water, and wastewater as well as social and community facilities. In October 2021, the bilateral partner had turned €1.14 billion debt into a grant for Cote d’Ivoire. 

Jean-Marc Gogbeu

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Kenya and Rwanda sign deal to recognize payment licenses across borders The move aims to cut regulatory duplication and ease market...
SMEs drive up to 40% of GDP and most jobs but face regulatory and financial constraints Power shortages and limited access to finance remain major...
BOA Niger warns net profit to drop 92% in 2025 Decline driven by high provisions amid rising non-performing loans Sanctions and weak lending...
Togo minister opens talks with private sector to boost growth Businesses cite financing gaps, debt, and energy costs as...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
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.