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French funds for development

France will provide a total of 740 million CFA francs (about one million US dollars) for three projects in Equatorial Guinea under agreements signed on Wednesday in Malabo, the French news agency, AFP, reported. Some 400 million FCFA will go towards the establishment and development of a technical and legal service with the agriculture ministry to support the establishment of farmers’ cooperatives. A project to rehabilitate and modernise public buildings is to receive 300 million FCFA, while 40 million FCFA will be spent on providing computer-related equipment in four schools, AFP said.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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