World Bank

$3,100,000.00 CAD

≈ 40 Canadians' average pay for a year
Department
Global Affairs Canada
Program
Recipient country
Canada
Fiscal year
2004-2005
Agreement period
March 18, 2005 – June 29, 2012
Project status
Closed
Reference
CA-3-A032183001

Published purpose

The goal of the project is to help reduce poverty and to contribute to sustainable economic and monetary growth, within the West African Economic and Monetary Union (WAEMU). Its purpose is to increase the WAEMU market's credibility and performance by mobilizing more public savings in an environment conducive to the transparency, security, and integrity of transactions. This US$ 408 million program was developed with the support of the West African Development Bank (WADB) and the World Bank. The bulk of this funding is allocated for regional infrastructure (paving of dirt roads, repairing roads, hydro and irrigation dams). This comprehensive program has three components: technical assistance and institutional support, development loans, and a guarantee facility. Canada's support focused on technical assistance and institutional support.

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View official source record Imported August 3, 2026 from Global Affairs Canada IATI data