BIDC approves CFA 12.82 billion financing to renovate Abidjan’s Symphonie Building

The ECOWAS Bank for Investment and Development (BIDC) has approved CFA 12.82 billion in financing to support the renovation, modernization, operation and maintenance of the Symphonie Building in Abidjan, a strategic public asset that is expected to become the future headquarters of Côte d’Ivoire’s Ministry of Justice.

The financing was approved during the 99th session of the BIDC Board of Directors as part of the regional bank’s efforts to support major infrastructure and development projects across West Africa.

The project will be implemented through a public-private partnership (PPP) model aimed at upgrading the building to modern standards, improving its operational efficiency and ensuring long-term maintenance.

The renovation of the Symphonie Building is part of Côte d’Ivoire’s broader strategy to enhance the value of public assets and strengthen administrative infrastructure in the country’s economic capital, Abidjan.

The BIDC said the approval is included in a wider package of more than $417 million in financing commitments for strategic projects across West Africa. The approved investments target key sectors including infrastructure, healthcare, housing, mining and private sector development.

The modernization of the Symphonie Building is expected to contribute to improving working conditions for public administration while reinforcing the role of Abidjan as a regional business and institutional hub.

Through this investment, the BIDC continues to support economic transformation and regional competitiveness by financing projects designed to strengthen infrastructure and promote sustainable development across the ECOWAS region.