Abidjan, June 8, 2023. Moustapha BEN BARKA, Vice-President of BOAD, and Steven BEDI, President of the Côte d’Ivoire Innovation 20 (Ci20) association, signed a framework cooperation agreement, in the presence of Amadou COULIBALY, Minister for the Digital Economy of the Republic of Côte d’Ivoire. Under the terms of this agreement, the Bank and the Ci20 Association undertake to cooperate on any actions or projects in the field of digital transformation in countries where either Party is involved.
This cooperation will cover (i) projects and programs to develop and promote the digital economy sector in general (ii) the co-construction of innovative financial vehicles for the benefit of start-ups and technology companies in member states (iii) institutional and technical support for programs and opportunities to create value, income and jobs for young people, as proposed by Ci20 (iv) the co-construction of business clusters with a strong social and environmental impact.
Ci20 aims to promote the digital economy, Tech and digital, as levers for creating jobs for young people; promoting national champions, Ivorian startups and UEMOA startups. Finally, increasing the share of the digital economy in Côte d’Ivoire’s GDP, making it a pilot for the region. This general framework for cooperation reflects the convergence of missions between the two parties, and the existence of points of synergy, offering greater scope and impact to their actions in favor of the populations of the UEMOA zone.
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