Skip to content

Emerging Brand Africa

Home » AfDB Approves €9.51 Million for Comoros Digital Economy Project

AfDB Approves €9.51 Million for Comoros Digital Economy Project

The African Development Bank (AfDB) has approved €9.51 million to support the digitization of the Comorian economy.

The project, with a total cost of €22.53 million, aims to improve governance and public services. It will enhance the quality, affordability, and accessibility of services offered to Comoros citizens.

AfDB’s funding comes from two sources: €4.02 million from the African Development Fund and €5.49 million from the Transition Support Facility.

The project will also establish a modern digital administration system. This includes constructing a new data centre and upgrading an existing one.

Also Read: African Development Bank Grants $3 Million to Boost MSMEs in Equatorial Guinea

Public-Private Partnerships to Boost Efficiency

A private operator will be recruited to operate and expand these data centres. This will be done through a Public-Private Partnership (PPP). It aims to reduce public expenditures and bring in private expertise.

The project also includes setting up a comprehensive digital platform. This platform will facilitate e-services and a digital public payment system. A key focus will be on interoperability and data exchange, ensuring smooth service delivery.

Focus on Data Protection and Local Digital Training

To protect personal data, the project will fund the creation of a National Authority for Data Protection. This authority will ensure the safe management and sharing of digital information.

The University of Comoros will also benefit. The project will provide funds to improve local digital training for students. This aims to encourage innovation and entrepreneurship through the establishment of a tech incubator.

Once completed, the project will position Comoros as a strong player in the digital world. As a result, the country will be better equipped to meet the needs of its population and boost its competitiveness globally.