Public Management

Côte d'Ivoire seeks $1.6 bln+ to finance animal and fishery sector development project

Côte d'Ivoire seeks $1.6 bln+ to finance animal and fishery sector development project
Monday, 27 February 2023 15:30

Côte d'Ivoire wants to reduce its dependence on foreign countries for its supply of animal proteins. To this end, it is multiplying initiatives to strengthen the livestock, fishing, and aquaculture sectors. 

Côte d'Ivoire plans to mobilize more than $1.6 billion to finance its National Policy for the Development of Livestock, Fisheries, and Aquaculture (Ponadepa 2022-2026), the government announced last Sunday.

The money will fund the implementation of five national development strategies in the field of livestock, fisheries, and aquaculture. The strategies are for the promotion and coordination of initiatives in the animal and fisheries resources sectors, the development of animal production, the sustainable management of fisheries, the development of aquaculture, and the improvement of veterinary public health.

Ponadepa 2022-2026 wants to reduce Côte d'Ivoire's dependence on imports and gradually help the country achieve animal and fish protein self-sufficiency. It specifically aims to boost local production so that the country can cover 70% and 65% of its animal and fish product needs respectively by 2026.

Côte d'Ivoire depends mainly on foreign countries for its supply of animal proteins. National fisheries production covers only 14% of the country's needs, we learn. According to Minister of Animal Resources Sidi Tiémoko Touré, Ponadepa 2022-2026 will complement other projects to change that fact. When implemented, Ponadepa will create more than 700,000 direct jobs and 1.5 million indirect jobs.

Jean-Marc Gogbeu

Lire aussi:

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs), enabling them to offer regulated capital markets...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the BCEAO and ECOWAS financial systems. Ministers from...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables tap-to-pay on POS terminals for the first...
(UMOA-TITRES) - UMOA-Titres announces the organisation of the 8th edition of the Regional Public Securities Market Meetings (REMTP), to be held on 27–28...
Most Read
01

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
02

In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...

AGRA’s Lilial Githinji “Leadership capacity remains the missing ingredient in Africa’s food systems transformation”
03

Central bank launches project for real-time transfers across banks and mobile wallets System aims...

Guinea readies instant payment system to speed transactions and cut cash use
04

BOAD approves $35.7 million to upgrade Burkina Faso–Mali border road Project targets 130 km,...

Burkina Faso Secures BOAD’s $35.7 Million for Road to Mali
05

Fitch lowered Gabon’s sovereign rating to CCC- amid rising fiscal stress Payment arrears reac...

Fitch downgrades Gabon to CCC- as liquidity strains deepen
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.