Afrique

Côte d’Ivoire secures 47,820 billion FCFA for its development agenda

The West African nation of Côte d’Ivoire has successfully attracted 47,820 billion FCFA to power its National Development Plan 2026-2030, an achievement lauded by President Alassane Ouattara.

La Côte d'Ivoire récolte 47 820 milliards FCFA pour son développement

Ivorian President Alassane Ouattara expressed profound satisfaction with the outcomes of the Consultative Group meeting focused on financing the National Development Plan (PND) 2026-2030. The session successfully garnered 47,820 billion FCFA, equivalent to 80 billion US dollars. This substantial sum represents approximately four times the funding initially sought from the private sector, highlighting an exceptional level of investor confidence.

President Ouattara emphasized that this remarkable success clearly demonstrates the international community’s trust in Côte d’Ivoire and its promising development trajectory. He affirmed the government’s steadfast commitment to translating these financial pledges into tangible achievements, thereby enhancing the nation’s infrastructure and expanding economic opportunities for its citizens.

The PND 2026-2030 is structured around six pivotal priorities: fostering peace, ensuring security, advancing agriculture, stimulating private sector expansion, investing in human capital, upgrading infrastructure, and upholding robust good governance. The overarching ambition is to elevate Côte d’Ivoire to the status of an upper-middle-income economy by the year 2030, targeting a GDP per capita of 4,500 US dollars and reducing the poverty rate to below 20%.

The Consultative Group meeting, a cornerstone event for this initiative, convened over 2,000 investors from 49 countries in Abidjan. Participants included representatives from a diverse array of financial institutions and corporations, all gathered to deliberate on the strategic funding of the PND.