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Digital transformation: Gabon approves an international loan of €56.2 million from the IBRD

26/06/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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The final communiqué of the Council of Ministers on Thursday, June 20, announced the adoption by Gabon of a bill authorizing the State to take out a loan in the amount of 56.2 million euros from the International Bank for Reconstruction and Development (BIRD), an entity of the World Bank.

The transitional government in Gabon wants to finance the project entitled “Gabon Digital” based on the bill adopted by the Council of Ministers last Thursday. The “Gabon Digital” project will receive global funding of $68.5 million from the World Bank style="font-family: "Bookman Old Style”, "serif">. It consists of several major components, including the creation of an environment conducive to rapid digital transformation, the modernization of legal identity systems, as well as the digital transformation of public administration and certain essential services. The support of the World Bank style="font-family: "Bookman Old Style”, "serif"> should support the country in carrying out these ambitious projects. The planned investments are likely to promote innovation, stimulate the creation of qualified jobs and strengthen the country's competitiveness on the international scene.

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