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🇨🇮 Côte d’Ivoire Secures Additional Funding for Daloa Vocational High School

🇨🇮 Côte d’Ivoire Secures Additional Funding for Daloa Vocational High School

PND 2026–2030: CÔTE D’IVOIRE AND THE KUWAIT FUND FOR ARAB ECONOMIC DEVELOPMENT SIGN A SUPPLEMENTARY FINANCING AGREEMENT FOR THE DALOA VOCATIONAL HIGH SCHOOL

The Minister of Planning and Development, Dr. Souleymane Diarrassouba, Governor for Côte d’Ivoire at the Islamic Development Bank (IsDB) Group, signed on behalf of the Government a supplementary financing agreement worth approximately CFA 4 billion with the Kuwait Fund for Arab Economic Development (KFAED), on the sidelines of the 51st Annual Meetings of the Islamic Development Bank Group held in Baku, Azerbaijan. The agreement is intended to complete the construction and equipment of the Daloa Vocational High School.

This additional financing brings the Kuwait Fund’s total contribution to the project to nearly CFA 14 billion. The Fund’s overall portfolio of interventions in Côte d’Ivoire now amounts to almost CFA 80 billion.

The Daloa Vocational High School will train skilled technicians in civil engineering, electrical engineering, mechanical engineering, and agro-processing, providing competencies that meet the needs of productive sectors. The development of this technical training institution contributes to the advancement of human capital, the fourth pillar of the PND 2026–2030. The Government aims to sustainably improve youth employability and help create more than three million jobs by 2030.

The KFAED reaffirmed its commitment to continue supporting the priorities of the PND 2026–2030.

“An industrialized economy is built on two inseparable foundations: competitive businesses and qualified men and women capable of meeting the needs of productive sectors. Vocational training is a priority for the Government. This investment is preparing the skills our country will need to sustainably support its growth and promote young people’s access to employment,” stated Dr. Souleymane Diarrassouba.

The strengthening of vocational training infrastructure across the country supports the transformation of the economy, enhances business competitiveness, and reinforces the nation’s capacity to achieve the objectives set out in the PND 2026–2030.