Côte d’Ivoire has surpassed all expectations by securing international public investments four times higher than anticipated to fund its National Development Plan (PND) by 2030. The announcement was made by the Minister of Planning during a press briefing on Thursday.

This achievement highlights the country’s strong economic performance, with an average growth rate of 6.5% over recent years. It also reflects the stability Côte d’Ivoire has regained following a decade of political and military turmoil in the early 2000s.

A major event held in Abidjan on Wednesday and Thursday brought together government officials and hundreds of public and private investors. The focus was on financing the PND, which includes key initiatives such as enhanced security measures, agricultural modernization—which contributes 20% to the GDP—support for the creation of major national enterprises, and significant infrastructure projects like a high-speed rail network.

Funding secured

Initially, Côte d’Ivoire sought approximately $20 billion in public financing. However, development partners have committed over $80 billion, quadrupling the expected amount. Minister Souleymane Diarrassouba shared this milestone during the event.

The international backers include major institutions such as the World Bank, the African Development Bank (AfDB), and the European Union.

“This demonstrates that nearly all our economic indicators are positive,” the minister stated. He also noted that more than 70% of the total financing, amounting to over $147 billion, is expected to come from the private sector.

The total funding for the PND is estimated at $209 billion, with contributions also coming from the Ivorian government.

Côte d’Ivoire has already demonstrated its financial appeal earlier this year by successfully raising $1.3 billion on international markets at exceptionally favorable interest rates for an emerging economy.

Additionally, the International Monetary Fund (IMF) announced in late June that it would disburse nearly $833 million to support the country through multiple aid programs. The IMF praised the nation’s resilient economy but projected a slight slowdown in growth to 6% in 2026, down from 6.5% in 2025, alongside a projected inflation rate of around 3.3% for this year.

Historically reliant on agriculture, Côte d’Ivoire has been diversifying its economy in recent years, capitalizing on recent discoveries in mining, gas, and oil sectors.