Cote d'Ivoire: AfDB, Madagascar to cooperate on energy, agriculture

Abidjan, Cote d'Ivoire (PANA) - African Development Bank (AfDB) President, Dr. Akinwumi Adesina, has announced plans by the Bank to deepen cooperation with Madagascar over the next three to four years, with emphasis on the development of the energy and agriculture sectors.

Adesina commended President Hery Rajaonarimampianina’s efforts in speeding up development in his country. "We also plan to help the country achieve self-sufficiency in food production in 10 years and become a food exporter."

Adesina was speaking at the weekend when President Rajaonarimampianina paid him a courtesy call at the Bank’s headquarters in Abidjan, Côte d’Ivoire.

Rajaonarimampianina, who is in the Ivorian capital city to attend the opening ceremony of the 8th Francophone Games, expressed his appreciation for the warm welcome accorded him, relating it to the good relationships between Madagascar and AfDB.

According to the AfDB media channel, the Bank has contributed to the development of Madagascar over the past 50 years, committing US$1.8 billion in the following areas: roads, agriculture, mining, energy, drinking water, health, education and governance.

The active portfolio of the AfDB in Madagascar currently includes 10 operations, amounting to US$250 million.
-0- PANA VAO/MA 25July2017

25 july 2017 05:09:55

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