MUFG Bank of Japan is lending €400 million to Côte d’Ivoire to enhance infrastructure, focusing on critical services like water and electricity. This funding supports Côte d’Ivoire’s economic growth and development goals, aiming to attract more foreign investment.
Japan’s MUFG Bank has decided to lend €400 million to Côte d’Ivoire, focusing on enhancing the nation’s infrastructure initiatives. This significant investment aims to improve essential services like water and electricity, which are critical for economic growth. Additionally, this financing will support Côte d’Ivoire’s broader development goals, as the country seeks to bolster its economy while attracting foreign direct investment.
MUFG Bank’s €400 million loan to Côte d’Ivoire exemplifies a strategic investment in the country’s infrastructure and economic expansion. By addressing fundamental needs such as water and electricity services, this funding plays a vital role in aiding Côte d’Ivoire’s developmental objectives and demonstrates Japan’s growing engagement in the region.
Original Source: www.africabusinessplus.com
