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
Egypt receives $3.5 billion initial payment from Qatar-backed coastal project Deal targets Mediterranean real estate and tourism...
GTCO wins CBN and SEC approval for 10 billion naira private placement Fundraise aims to meet holding company prudential capital...
Togo parliament approves 2026 budget at 2,751.5 billion CFA francs Budget rises 12.93% from revised 2025 spending levels Measures include...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect borrower data, expand regional credit information...
Most Read
01

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
02

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
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

NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...

NALA Secures Triple Licensing in Uganda, Accelerating East African Fintech Expansion
05

The Gates Foundation and ADQ launched a four-year initiative to transform education in sub-Saharan...

Gates Foundation, ADQ Invest $40M in AI for African Education
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.