Côte d’Ivoire and the World Bank Group have begun selecting projects to benefit from the 17 billion dollars in commitments announced for the National Development Plan 2026-2030, the Ivorian Ministry of Planning said on Monday, October 12. The approach was agreed at a meeting held in Abidjan on October 9.
The announced envelope is split between 10 billion dollars from the World Bank, 5 billion from the International Finance Corporation and 2 billion from the Multilateral Investment Guarantee Agency. The latter component corresponds to risk coverage, which distinguishes the announced total from a sum fully intended to be paid into the Ivorian Treasury.
Minister Souleymane Diarrassouba and World Bank official Marie-Chantal Uwanyiligira reviewed the investments to be retained among the six pillars of the NDP. The statement presents neither a final list of selected operations nor a detailed disbursement schedule.
The 17 billion dollars had been announced at the Consultative Group meeting on July 8 and 9. The step opened in October concerns turning those commitments into projects, while the Ivorian plan provides for a total of 114,838.5 billion FCFA in investment over five years, according to data published by the ministry in September.
The private sector is expected to bear 70.2% of this effort, compared with 29.8% for the public sector. The involvement of the International Finance Corporation and the guarantees covering risks are thus among the instruments mobilised to support this private component of the programme.
Preparatory discussions for the next partnership framework with the World Bank had already covered water, electricity and artificial intelligence in September. At the meeting on October 9, exchanges also addressed regional disparities and the modernisation of the land registry.