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
Cameroon backed $44.9M in BDEAC loans to three private firms Treasury guarantees cover 50% of loans for hotel, plant, logistics projects...
State buys back 95 % of ENEO from Actis for CFA78 billion ($137 million) Government plans to refinance ENEO’s CFA800 billion debt and tighten...
IFC to provide a $120 million guarantee for SME loans in six African countries Two dedicated funds will support agriculture and small business...
Reserves reach $46.7 billion, covering 10.3 months of imports Naira sees a brief appreciation despite long-term depreciation Rating upgrades and...
Most Read
01

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
02

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
03

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
04

Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...

Ghana to Allocate $2.8 Billion for Road Development in 2026
05

Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...

Airbus Delivers First of Ten Rolls-Royce Trent 7000-Powered A330-900neo to Air Algérie
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.