Côte d’Ivoire has secured international public investments four times higher than anticipated to fund its National Development Plan (PND) by 2030, the Minister of Planning announced to the press on Thursday.

The country’s economic appeal continues to grow, backed by one of West Africa’s strongest growth rates—averaging 6.5% annually in recent years—and a restored stability following a turbulent decade of political and military unrest in the early 2000s.

A high-profile event in Abidjan on Wednesday and Thursday brought together government officials and hundreds of public and private investors to finalize funding for the PND. The plan includes critical measures such as enhanced security, agricultural modernization—contributing 20% of GDP—support for emerging national enterprises, and major infrastructure projects like a high-speed rail network.

Funding commitments revealed

The government initially sought approximately $20 billion in public financing. However, development partners have pledged over $80 billion, exceeding expectations by fourfold, as announced by Minister Souleymane Diarrassouba during the event.

Key contributors include major international lenders such as the World Bank, African Development Bank (AfDB), and the European Union.

“This demonstrates that nearly all our economic indicators are in excellent shape,” the minister stated, adding that the government anticipates over 70% of funding—more than $147 billion—to come from the private sector.

The total PND funding is projected at $209 billion, with additional contributions from the Ivorian government.

Côte d’Ivoire’s financial attractiveness was further validated in February with a successful $1.3 billion international bond issuance at highly favorable terms for an emerging economy.

In late June, the International Monetary Fund (IMF) also approved nearly $833 million in disbursements under multiple assistance programs. The IMF praised the country’s “resilient economy” while projecting a slight growth slowdown to 6% in 2026, down from 6.5% in 2025, and an inflation rate of around 3.3% this year.

The Ivorian economy, traditionally rooted in agriculture, has been diversifying in recent years, tapping into new sectors such as mining, gas, and oil discoveries.