Within just 100 years, Côte d'Ivoire lost nearly 82% of its forest cover. From 16 million hectares in 1900, the country had only 2.9 million hectares in 2021. During the ongoing COP15, President Alassane Ouattara announced a program to increase the cover to 5.9 million hectares by 2030.
Côte d’Ivoire currently seeks US$1.1 billion to fund its reforestation program. The information was disclosed in an official release issued Monday, May 9.
According to the release, Ivorian authorities hope to restore 3 million hectares of forests by 2030 thanks to "The Abidjan Legacy Program".
"The initiative promotes agroforestry and appeals to the private sector for the restoration of forest cover,” indicated President Alassane Ouattara.
Sixty percent (60%) of the Côte d’Ivoire’s national territory is hit by drought and desertification. According to authorities, the rate is 90% in its northern regions. The situation negatively affects agriculture and agribusiness, causing migration and inter-community conflicts, the release explains citing the President of the Republic.
At least two institutions have already pledged support to the program. The African Development Bank (AfDB) announced a US$500 million support while the Food and Agriculture Organization of the United Nations (FAO) will commit about US$20 million.
Jean-Marc Gogbeu
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...
Ghana has 50,000 tonnes unsold cocoa at ports Cocoa prices fell from $13,000 to around $4,000 Traders face liquidity crunch; 300,000...
In the Republic of Congo, the planned Zanaga iron ore mine is expected to produce 12 million tons of iron ore per year in its first phase, requiring an...
Africa remains the lowest-scoring region in Transparency International’s global corruption index, with only four countries exceeding the 50-point mark and...
Aircraft to modernize long-haul fleet, open US and Asia routes A350 cuts fuel use 25%, supports Egypt’s tourism growth strategy EgyptAir received an...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...
Essaouira is a coastal city in Morocco, on the Atlantic Ocean, in the Marrakech–Safi region, about two and a half hours by road from Marrakech. It stands...