Abidjan, May 21, 2025 – Côte d’Ivoire and the West African Development Bank (BOAD) have signed a loan agreement totaling 40 billion FCFA on February 7, 2025, to partially finance the construction of 4,300 social and affordable housing units as part of Phase 2 of the national housing project, as well as 1,200 housing units in Akoupé-Zeudji-PK 24 in Abidjan.

According to government spokesperson Amadou Coulibaly, the Council of Ministers, held on Wednesday, May 21, 2025, at the Presidential Palace in Abidjan-Plateau, adopted a decree ratifying the agreement.

“In addition to the ongoing programs for the construction of social and affordable housing, this project aims to provide more housing at affordable costs for vulnerable populations and those with low incomes,” explained Amadou Coulibaly.