The two leaders signed an agreement Thursday to cancel 99.5 percent of the Ivory Coast's debt to France, Radio France Internationale reported.
In thanking Hollande Ouattara said the agreement would free up funds for "investment in social sectors."
Hollande said the cancellation was not made "simply in a spirit of generosity -- we don't want that kind of relationship -- but in solidarity for the development of Cote d'Ivoire"
Boston schools pull out free condoms over wrapping complaints
Ray Liotta sues skin care company over use of likeness