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Second C2D to improve healthcare provision and reduce maternal and child mortality in Côte d'Ivoire

15/06/2016
AFD and the State of Côte d'Ivoire today signed an allocation agreement for the Health Systems Strengthening Program in the context of France’s Debt Reduction-Development Contract (C2D). This program will improve the health of populations and reduce maternal, neonatal and child mortality.

The program aims to:

  • Improve access to quality health services for the population of Côte d’Ivoire;
  • Achieve the common objective of reducing maternal and child mortality and malnutrition;
  • Improve the supply chain for pharmaceuticals and strategic inputs, as well as the performances of the pharmaceutical system.

It is financed with resources from the Debt Reduction-Development Contract (in French), for a total amount of FCFA 44.6bn (approximately EUR 68m).

The agreement was signed by Daniel Kablan Duncan, Head of the Côte d’Ivoire Government, and Rémy Rioux, Chief Executive Officer of AFD, during his first official visit to Côte d'Ivoire since he took office on 2 June 2016.

Find out more about the C2D

Find out more about the program (in French)

Find out about AFD’s flagship projects in Côte d'Ivoire



Fifth edition of AFD’s Photography Prize: Call for candidates open from 14 June to 2 November 2016

14/06/2016

Starting from today and until 2 November 2016, applications are open for the 5th edition of AFD’s Photography Prize. This prize provides the opportunity to support the work of committed professional photographers and give visibility to the development challenges of Southern countries. 

 
 
 
 
 


AFD will provide FCFA 10bn (EUR 15m) of financing for agricultural investment in Senegal

13/06/2016
This Monday 13 June, AFD and the State of Senegal signed a financing agreement for a credit line to finance agricultural investment in Senegal. The funded project aims to remove the two main barriers to agricultural development in Senegal: access to long-term financing and the lack of equipment.

100% of this concessional loan* allocated by AFD to the State of Senegal, for a total amount of EUR 15m (approximately FCFA 10bn), will be reallocated to the Caisse Nationale du Crédit Agricole (CNCAS) and earmarked to finance agricultural investment, especially in family farms. It is completed by a EUR 300,000 grant to support CNCAS for the environmental and social aspects of the project.

The project will support investments to upgrade, diversify and extend the activities of farms and professional organizations in high-potential agricultural sectors. It will more specifically aim to:

  • Increase the areas developed and production, especially for cereals;
  • Make agricultural sectors more competitive;
  • Facilitate the integration of young people and women into agriculture, particularly in the marketing and processing of agricultural products.

The financing agreement was signed by Mr. Amadou Ba, Senegal’s Minister of the Economy, Finance and Planning, and Mr. Rémy Rioux, Chief Executive Officer of AFD, in the presence of Mr. Papa Abdoulaye Seck, Minister of Agriculture and Rural Equipment, and Mr. Malick Ndiaye, Chief Executive Officer of the Caisse Nationale du Crédit Agricole du Sénégal.

During his first visit to Senegal since he took up office on 2 June 2016, Rémy Rioux was able to gauge in the field some of the flagship developments financed by AFD in Senegal. He travelled across the Dakar-Diamniadio toll highway, which was commissioned in August 2013, to which AFD contributed FCFA 40bn (EUR 60m). He also went to the Pikine Irrégulier Sud neighborhood, which benefited from a project for urban restructuring and support for flood protection, with FCFA 32bn (EUR 50m) of AFD financing, and is a corollary of the highway program.

AFD’s contribution to the Emerging Senegal Plan (PSE) is expected to exceed FCFA 400bn (EUR 600m) for 2014-2017.


* A loan is said to be concessional when AFD subsidizes its financial terms. It is possible to subsidize a loan when the underlying project has an additional nature (“Does the operation make it possible to go further than usual practices or the national regulations in the field in question?”). The subsidy, which consequently corresponds to the difference in the rate between a loan at the market rate and a concessional loan, is then provided by the French Government.



 
 
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