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Côte d’Ivoire secures record foreign investments to power national development

Posted on July 9, 2026September 25, 2026 by Martin Ngu
Listen to the article≈ 2 min

Côte d’Ivoire has achieved a landmark financial milestone, securing over $80 billion in international investments for its ambitious National Development Plan (NDP) through 2030. This overwhelming response—four times the originally anticipated funding—highlights the nation’s robust economic recovery and strong investor confidence in its long-term growth trajectory.

Côte d'Ivoire secures record foreign investments to power national development

The announcement was made by the Minister of Planning during a high-profile investor forum in Abidjan, where government officials met with both public and private sector stakeholders. The two-day event focused on mobilizing resources for critical development projects outlined in the NDP, including enhanced security measures, agricultural modernization (accounting for 20% of GDP), infrastructure upgrades, and the creation of national champions through strategic enterprise support.

Unprecedented funding commitments

Initially, Côte d’Ivoire sought approximately $20 billion in public financing. However, international partners—including the World Bank, African Development Bank, and European Union—pledged over $80 billion in total support, far exceeding expectations. Minister Souleymane Diarrassouba emphasized the significance of this achievement, noting that nearly all economic indicators are now in positive territory.

He further revealed that more than 70% of the NDP’s total funding—equivalent to over $147 billion—is expected to come from private sector contributions, signaling strong market confidence. The overall NDP budget now stands at $209 billion, with the Ivorian government also contributing significantly to the initiative.

This financial windfall follows another major milestone in February, when Côte d’Ivoire successfully raised $1.3 billion on international markets at exceptionally favorable interest rates for an emerging economy. Additionally, the International Monetary Fund recently approved nearly $833 million in disbursements under multiple assistance programs, citing the country’s resilient economy.

While growth is projected to moderate slightly from 6.5% in 2025 to 6% in 2026, inflation is expected to rise to about 3.3% this year. This balanced outlook reflects Côte d’Ivoire’s steady progress toward economic diversification, moving beyond its traditional agricultural base to embrace new sectors like mining, oil, and gas.

By Martin Ngu — Politics and National Security

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