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
Ethiopia to reopen talks on restructuring its $1 billion Eurobond OCC says draft deal fails comparability of treatment debt-relief...
GTCO completed a 10-billion-naira private placement on January 30, 2026. The deal involved 125 million new shares issued at 80 naira each. The capital...
Standard Bank arranged a $250m facility to fund Aradel Energy’s expansion and acquisition plans. The deal allows Aradel to raise its stake in ND...
Cameroon ratifies AfDB loans worth 89 billion CFA francs Funding backs CAP2E youth employment project in the Far North Project targets training, jobs,...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...

WAEMU employment tops 50% in 2025, but job quality remains weak
04

African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...

African Startup M&A Hits Record 67 Deals in 2025, Led by Fintech
05

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
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.