The Export-Import Bank of the United States’ (EXIM) Board of Directors approved a transaction to export technology to digitalize the Côte d’Ivoire’s Ministry of Finance and Industry.
Cybastion Institute of Technology, LLC, headquartered in Washington, DC, in conjunction with prospective suppliers such as Cisco, Amazon Web Services (AWS), Motorola Solutions, and Microsoft, is set to undertake the digitalization of the Ministry of Commerce and Industry.
EXIM’s support for this transaction through its China and Transformational Export Program will counter competition from the People’s Republic of China (PRC), specifically in the technology sector.
“Supporting the digitization of Côte d’Ivoire’s Ministry of Finance reinforces EXIM’s commitment to countering the rise of PRC influence,” said Acting President and Chairman James Cruse. “By approving today’s transaction, we are supporting around 100 jobs and countering the PRC by fortifying and securing our supply chains.”
This transaction is expected to support approximately 100 jobs across the United States.
