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The World Bank has authorised a 9.3 millon dollar (6.3 million euro) deal to implement environmental safeguards in eight West African states, it was announced Tuesday. The project "aims to create and put into practice a body of common rules to protect biodiversity and take the necessary measures to safeguard the environment," a statement from the West African Economic and Monetary Union (WAEMU) office in the Burkina Faso capital said. The fund will be divided among the eight members of the WAEMU -- Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal and Togo. The money comes from two agencies of the World Bank: a donation of 5.4 million dollars from the Global Environment Facility (GEF), and a loan of 3.9 million dollars from the International Development Association. The project will affect 10 million households dependent on agriculture in the WAEMU area. All rights reserved. © 2005 Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.
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