Public Management

EU pledges $16mln to strengthen Ivorian armed forces

EU pledges $16mln to strengthen Ivorian armed forces
Tuesday, 30 April 2024 13:20

The European Union (EU) has greenlit financial support of €15 million ($16.08 million) under the European Peace Facility to bolster the Ivorian armed forces. This plan, made public on April 29, aims to enhance the operational capacities of the Ivorian armed forces to secure border areas and combat non-state armed groups threatening the stability of the country and the sub-region.

The EU will provide surveillance equipment, vehicles, and tactical training. The support comes as West Africa has witnessed a surge in terrorist attacks, particularly in the tri-border area (Burkina Faso - Mali - Niger), as well as an expansion towards coastal states in the region. Between 2020 and 2021, the border between Côte d'Ivoire and Burkina Faso faced significant pressure from violent extremist groups, with nearly 20 attacks and incidents documented, according to ISS Africa.

In response to this situation, the Ivorian government has implemented several reforms to strengthen its military and security operations with the support of international partners. According to data from the Economic Community of West African States (ECOWAS), in the first half of 2023, the region recorded over 1,800 terrorist incidents resulting in more than 4,500 deaths.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Gabon raises CFA 106.5 billion in oversubscribed bond issuance Two tranches fund infrastructure, health, education, housing projects Strong regional...
Nigeria’s SEC approves FCMB-TLG Private Debt Fund Series II launch Fund targets ₦20 billion for corporate debt to mid-sized firms Strategy focuses on...
Public debt rose to CFA8,606.6 billion by end-October 2025 Domestic debt now exceeds CFA4,391 billion, driven by regional markets Debt arrears...
Togo cut projected 2025 budget revenue by 1% to CFA1,472 billion while raising spending by 2.3% to CFA1,717.1 billion. The revised budget shows a...
Most Read
01

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
02

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
03

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
04

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
05

Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...

Fitch Says Côte d’Ivoire Has “Left Political Risk Behind” as Rating Upgrade Highlights Strengthening Fundamentals
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.