{"id":458913,"date":"2018-03-23T11:09:29","date_gmt":"2018-03-23T11:09:29","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=458913"},"modified":"2018-03-23T11:09:29","modified_gmt":"2018-03-23T11:09:29","slug":"world-bank-announces-1-5-billion-for-cote-divoire","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/03\/23\/world-bank-announces-1-5-billion-for-cote-divoire\/","title":{"rendered":"World Bank Announces $ 1.5 Billion for C\u00f4te d’Ivoire"},"content":{"rendered":"
<\/div>

The World Bank will disburse $ 1.5 billion for C\u00f4te d’Ivoire. On an official visit to Abidjan, Makhtar Diop, the institution’s vice president for Africa, made the announcement on 22 March to Ivorian President Alassane Ouattara during a hearing.<\/p>\n

The institution will release $ 200 million to support a project in the cashew sector and $ 300 million in funding for the cocoa sector.<\/p>\n

Also, Makhtar Diop announced that the World Bank Group will make $ 1 billion available to the country by June to support its development efforts.<\/p>\n

Another subject discussed is the interconnection of electricity grids in the West African sub-region of which C\u00f4te d’Ivoire is a central player and for which the institution intends to lend its support.<\/p>\n

During his stay in Ivory Coast, Makhtar Diop will visit INPHB, the Houphou\u00ebt-Boigny National Polytechnic Institute in Yamoussoukro, a higher education institution whose World Bank wants to reinforce the international reference status for high-level training of young Africans.<\/p>\n

It will also launch the “Sports for Development” initiative, as the institution is committed to integrating sport into some of its programs in the country.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

The World Bank will disburse $ 1.5 billion for C\u00f4te d’Ivoire. On an official visit to Abidjan, Makhtar Diop, the institution’s vice president for Africa, made the announcement on 22 March to Ivorian President Alassane Ouattara during a hearing. The institution will release $ 200 million to support a project in the cashew sector and<\/p>\n","protected":false},"author":536501,"featured_media":458914,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12040],"tags":[44,12510],"class_list":{"0":"post-458913","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-international-institutions","8":"tag-cote-divoire","9":"tag-world-bank-en","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"\nWorld Bank Announces $ 1.5 Billion for C\u00f4te d'Ivoire - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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