Côte d'Ivoire received 50 million US dollars, or 30.554 billion CFA francs, from the Arab Bank for Economic Development in Africa (BADA). The aim is to participate in the financing of the West African Development Bank (BOAD) capital increase contribution project

The government spokesperson, Amadou Coulibaly, indicated on Wednesday, July 12, 2023, in Abidjan, at the end of the Council of Ministers that the loan agreement concluded between BADA and Côte d'Ivoire on May 13, has been ratified by decree under the Ministry of Foreign Affairs, African Integration and the Diaspora.

He added that BOAD plans to increase its capital to the tune of 1.5 billion US dollars, or around 837 billion FCFA. This, with a view to strengthening the pace of its actions in favour of