The Minister of Planning announced that Côte d’Ivoire has secured international public investments quadruple the initial target for its National Development Plan (NDP) by 2030. This milestone was revealed during a press briefing on Thursday.

The country’s economic momentum continues to accelerate, with an average annual growth rate of 6.5% over recent years. This robust performance follows a decade of political and military turbulence in the early 2000s, during which Côte d’Ivoire worked to restore stability.

A high-profile event in Abidjan on Wednesday and Thursday brought together government officials and hundreds of public and private investors. The gathering focused on financing the NDP, which includes critical initiatives such as enhanced security measures, modernization of the agriculture sector—which contributes 20% to GDP—support for the creation of major enterprises to develop national champions, and significant infrastructure projects like a high-speed rail network.

Secured funding exceeds expectations

Initially, Côte d’Ivoire sought approximately $20 billion in public funding. However, development partners have committed over $80 billion—four times the requested amount—highlighting strong confidence in the nation’s economic prospects.

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

“This reflects that nearly all our economic indicators are in excellent shape,” stated the Minister. He also noted that more than 70% of the total NDP funding—exceeding $147 billion—is expected to come from the private sector.

The total estimated funding for the NDP now stands at $209 billion, including contributions from the Ivorian government.

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

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

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