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
• Fily Sissoko will oversee a $8.5 billion World Bank portfolio spanning Mozambique, Madagascar, Mauritius, Comoros, and Seychelles.• His mission...
• Bassirou Diomaye Faye denounces credit rating agencies’ methodologies as ill-suited to African contexts.• Senegal urges reforms to enable fairer...
(AfDB)-The Board of Directors of the African Development Bank Group has approved a $474.6 million loan for South Africa's Infrastructure Governance...
New card enables African payments without using US or European networks Aims to lower costs, protect financial data, and boost intra-African...
Most Read
01

Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Ni...

Telecoms: Lebara Enters Nigerian Market with Strong Competitive Ambitions
02

• Gates Foundation commits $1.6 billion over five years to Gavi.• Bill Gates warns of rising ch...

Gates Foundation Pledges $1.6 Billion to Gavi to Boost Global Child Vaccination
03

Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...

Côte d’Ivoire’s Fuel Price Cuts Haven’t Slashed Transport Costs–Yet
04

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
05

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
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

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

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.