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Côte d’Ivoire secures record foreign investments for national growth plan

Posted on July 9, 2026September 25, 2026 by Cécile Mboua
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Côte d’Ivoire has demonstrated exceptional prowess in attracting international capital, securing funding commitments that far exceed initial projections. Over 80 billion dollars have been pledged to support the National Development Plan (PND) through 2030, reflecting the nation’s economic resilience and renewed investor confidence.

Côte d'Ivoire secures record foreign investments for national growth plan

Government officials revealed that international public investments have surpassed expectations by fourfold for financing the 2030 National Development Plan (PND). This landmark achievement underscores Côte d’Ivoire’s economic stability and growing appeal to global investors.

The country has established itself as one of West Africa’s most dynamic economies, maintaining an average annual growth rate of 6.5% in recent years. This progress follows years of post-conflict recovery after the political and military turmoil of the early 2000s.

A high-profile event convened in Abidjan brought together government representatives and hundreds of public and private investors to discuss funding mechanisms for the PND. Key initiatives include enhanced security measures, agricultural modernization—accounting for 20% of GDP—support for emerging national champions, and major infrastructure projects such as a high-speed rail network.

record funding commitments unveiled

Initially, Côte d’Ivoire sought approximately 20 billion dollars in public funding. However, development partners have committed over 80 billion dollars, quadrupling the anticipated amount. Minister of Planning Souleymane Diarrassouba highlighted this overwhelming response, noting that more than 70% of total PND financing—over 147 billion dollars—is expected from the private sector.

Major contributors include the World Bank, African Development Bank (AfDB), and European Union, signaling strong international confidence in the country’s economic trajectory.

The total PND funding envelope now stands at 209 billion dollars, with the Ivorian government also contributing substantially. Earlier in February, Côte d’Ivoire successfully raised 1.3 billion dollars on international markets at favorable interest rates for an emerging economy. In late June, the International Monetary Fund (IMF) approved nearly 833 million dollars in additional support under various assistance programs.

The IMF praised Côte d’Ivoire’s resilient economy, though it projected a slight growth moderation to 6% in 2026 from 6.5% in 2025, alongside a projected inflation rate of around 3.3% this year.

Once heavily reliant on agriculture, Côte d’Ivoire has diversified its economy in recent years, capitalizing on new mineral, gas, and oil discoveries to fuel sustainable development.

By Cécile Mboua — Political News Writer

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