BOAD Grants $234 Million to Tackle Ivory Coast Housing Deficit

Côte d’Ivoire is set to combat its housing deficit, estimated at 600,000 units annually, with a substantial financial boost. The West African Development Bank (BOAD) has pledged support to address this challenge with a substantial funding package.

According to Africa News Agency, the financial support totals 145 billion FCFA (over $234 million). This funding follows a $75 million loan agreement signed in July between the Ivorian authorities and the Arab Bank for Economic Development in Africa (BADEA) for the construction of 7,500 housing units.

Related Articles

Back to top button