The African Development Bank has approved a €24.63 million loan to Côte d’Ivoire to strengthen value chain development in fisheries and aquaculture.
The funding will enable this West African country to increase the sector’s contribution to both local and national blue economies.
The Competitive Aquaculture and Fisheries Value Chain Development Project includes four components and aims to develop post-secondary education programs and incubation initiatives for startups and social entrepreneurship. It will also establish and implement integrated, participative management plans for marine, lagoon, and inland fisheries, prioritizing artisanal commercial species.
Additionally, the project will strengthen port landing controls at the fishing ports of Abidjan and San Pedro and sustainably improve the quality, quantity, and availability of fish fry by supporting public and private fish farming operations in Loka, Dompleu, and Jacqueville, located in the west and south of the country.
The project will be implemented across three main zones in Côte d’Ivoire: the coastal area, including the cities of Abidjan, Jacqueville, and Assinie in the south, as well as the departments of San Pedro, Tabou, Grand-Béréby, and Sassandra in the southwest.
At least 700,000 people will benefit directly or indirectly from the program, which is set to run over five years (2025 – 2029).
Source : L’observateur
