Friday, December 26, 2025

Comoros: African Development Bank grants over 9 million euros for digitizing the Comorian economy

The Board of Directors of the African Development Bank (AfDB) Group (www.AfDB.org) has approved financing of 9.51 million euros to the Comoros for implementation of the Project to Support the Digitization of the Comorian Economy. With a total cost of 22.53 million euros, the Bank’s financing consists of 4.02 million euros provided by the African Development Fund, the Bank’s concessional loan agency, and a further 5.49 million euros provided by the Bank’s Transition Support Facility.

The project will improve the governance, quality, affordability and accessibility of relevant public services offered to users. It will set up a digital administration through the construction and operationalization of a new data centre and the existing secondary data centre, and an incubator. The intention is to recruit a private Operator for the operation, marketing, maintenance and expansion of the data centres as part of a PPP to mobilize private expertise and additional financing over time to relieve public expenditures.

The project also includes the establishment of a comprehensive digital administration platform, e-services development, and a digital public payment system, interoperability and data exchange platform. The Incubator enhances conditions for digital innovation and entrepreneurship.

Of course, the digitization is built on the availability of data, and it is critical that this data is properly protected. To this end, the project provides funds to establish and operationalize a National Authority for the Protection of Personal Data and Access to Information. The project will improve local digital training offered through financing to the University of Comoros.

Completion of the project should ensure the emergence of a comprehensive and coherent range of digital services capable of meeting the needs of the population and leave the Comoros even better able to compete and operate in the digital world.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media contact:
Alexis Adélé
Communication and External Relations Department
media@afdb.org

À propos du Groupe de la Banque africaine de développement :
Groupe de la Banque africaine de développement est la principale institution du financement du développement en Afrique. Il comprend trois entités distinctes : la Banque africaine de développement (BAD), le Fonds africain de développement (FAD) et le Fonds spécial du Nigeria (FSN). Représentée dans 41 pays africains, avec un bureau extérieur au Japon, la Banque contribue au développement économique et au progrès social de ses 54 Etats membres régionaux. Pour plus d’informations: www.AfDB.org

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Building a Digital Classroom for All of Ethiopia

GOBEZ Academy is reimagining how Ethiopian students learn by...

Dashen Launches 6.4 Billion Birr Rights Offer Ahead of ESX Listing

Dashen Bank Share Company has unveiled a 6.4 billion...

ሳፋሪኮም ኢትዮጵያ በዳታ ጥቅሎች ላይ እስከ 82 በመቶ የሚደርስ የዋጋ ጭማሪ አደረገ

በኢትዮጵያ የቴሌኮም ዘርፍ ውስጥ ሁለተኛው ግዙፍ ኦፕሬተር በመሆን በከፍተኛ...

በኢትዮጵያ ደቡባዊ እና ምስራቃዊ ክፍል ለሦስተኛ ተከታታይ ጊዜ የዝናብ መክሸፍ አሳሳቢ የድርቅ አደጋ ደቀነ

በኢትዮጵያ ደቡባዊና ምሥራቃዊ አካባቢዎች እንዲሁም በጎረቤት ሶማሊያና ኬንያ የተከሰተው...

ምክር ቤቱ ከ55 ዓመታት በኋላ የተሻሻለውን የዕፅዋት ጥበቃና ኳራንታይን አዋጅ አጸደቀ

የሕዝብ ተወካዮች ምክር ቤት ዛሬ ባካሄደው 5ኛ ዓመት የሥራ...

ወደ ቅዱስ ገብርኤል ጠቅላላ የህክምና  ሆስፒታል ለመግባት የመንገድ ለውጥ ስለማሳወቅ

ወደ ቅዱስ ገብርኤል ጠቅላላ ሆስፒታል ከ22 ጎላጉል እስከ ላሊበላ...

Request For Quotation

The International Rescue Committee, hereinafter referred to as “the...

Bid No. HB/012/2025

Call for Local and International Tender Hibret Bank would like...
spot_img

Related Articles

Popular Categories

spot_imgspot_img