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
External debt repayments by African states are set to exceed $90bn in 2026 Egypt alone accounts for nearly one-third of the amount...
Ifeyinwa Osime succeeds Paul Usoro San, who retired on January 29, 2026 She has served on Access Bank’s board as an independent director since...
A state-owned banking holding is planned for launch in 2026 The structure will centralize and manage public shareholdings in banks The move follows a...
The bank received its provisional headquarters in Nigeria on February 2 Initial capital is set at $500 million, with a long-term target...
Most Read
01

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
02

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
03

Moniepoint, Opay, Kuda, and others gain national status with tighter oversight A naira 5 billion ...

Nigeria’s central bank upgrades fintech licenses amid rapid digital growth
04

ECOWAS has provided CFA400 million to support refugee assistance in Togo. The funding targets the...

ECOWAS grants CFA400mln to support refugee assistance in northern Togo
05

Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...

Crypto Sovereignty Was CAR’s Goal. A Report Says Crime Risks Took Hold Instead
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.