Côte d’Ivoire has achieved a remarkable fourfold increase in international public investments for its National Development Plan (PND) through 2030, announced the Minister of Planning during a press briefing on Thursday.

This achievement highlights the country’s economic allure, supported by one of West Africa’s strongest growth performances—averaging 6.5% annually in recent years—and its hard-won stability following a turbulent decade of political and military unrest in the early 2000s.

A high-profile two-day event in Abidjan last Wednesday and Thursday brought together government officials and hundreds of public and private investors to finalize funding for the PND. The plan prioritizes critical areas including security enhancement, agricultural modernization (which accounts for 20% of GDP), nurturing homegrown industrial champions, and major infrastructure projects such as a high-speed rail network.

Breaking down the funding commitments

Initially, Côte d’Ivoire sought approximately $20 billion in public financing. Instead, development partners have pledged more than $80 billion—four times the original target—demonstrating overwhelming confidence in the country’s economic trajectory.

Key contributors include major international institutions like the World Bank, Africa Development Bank, and European Union.

The minister emphasized that “nearly all economic indicators are trending positively,” adding that over 70% of the total financing—exceeding $147 billion—is expected to come from the private sector.

The overall PND funding envelope has now swelled to $209 billion, with additional contributions from the Ivorian government itself.

Côte d’Ivoire has already demonstrated its financial credibility earlier this year by successfully raising $1.3 billion through international bond issuance at exceptionally favorable terms for an emerging market.

In late June, the International Monetary Fund further reinforced this momentum by approving nearly $833 million in disbursements under various assistance programs. While lauding the country’s “resilient” economy, the IMF projects a slight growth moderation to 6% in 2026 (from 6.5% in 2025) alongside a projected inflation uptick to around 3.3% this year.

Historically agriculture-dependent, Côte d’Ivoire is actively diversifying its economy, leveraging recent discoveries in mining, gas, and oil sectors to fuel sustainable long-term growth.