ICIEC Cover Enables the Construction and Rehabilitation of Côte d’Ivoire Schools
ICIEC has provided EUR 20 million in Non-Honoring of Sovereign Financial Obligation cover against the non-payment of a loan facility provided to the Government of Côte d’Ivoire. ICIEC’s cover enables the government to move forward with the renovation of the Scientific High School of Yamoussoukro in addition to advancing the construction of 22 new classrooms. The project is part of a general social program that the Government of Côte d’Ivoire is implementing. The program aims to mitigate poverty and illiteracy by enabling as many children as possible to have access to quality education. When increasing access to schools, children will be less likely to be on the streets and therefore deterred from joining terrorist organizations.
