Côte d'Ivoire Signs $875 Million Financing Agreements with World Bank to Support Economic Reforms

Côte d'Ivoire has signed five financing agreements worth $875 million with the World Bank to support economic reforms, private sector development and the country's energy transition, as the West African nation steps up efforts to implement its 2026–2030 National Development Plan (PND).

The agreements, signed on July 8 in Abidjan during the Consultative Group meeting on financing the PND 2026–2030, amount to approximately CFA 525 billion and reinforce the long-standing partnership between Côte d'Ivoire and the World Bank.

The financing package will support reforms aimed at strengthening economic governance, improving public financial management, expanding access to essential public services and enhancing the country's resilience to economic and climate-related shocks. It will also help promote private sector growth, which the government considers a key driver of economic expansion and job creation.

Alongside the financing agreements, the World Bank, the Government of Côte d'Ivoire and Italian energy company Eni signed a memorandum of understanding to develop the country's Gas Master Plan, a roadmap intended to optimize the development of Côte d'Ivoire's natural gas resources and support its long-term energy transition.

The agreements come as Côte d'Ivoire moves forward with its 2026–2030 National Development Plan, an investment program valued at more than CFA 114 trillion. The government expects more than 70% of the plan's financing to come from private-sector investment, while development partners provide financial and technical support for infrastructure, industrialization, human capital and institutional reforms.

The government has intensified efforts to improve the business environment and attract foreign investment as it seeks to sustain one of the fastest-growing economies in West Africa. Authorities say structural reforms and increased private investment will be central to achieving higher value-added industrial production and more inclusive economic growth.

The World Bank remains one of Côte d'Ivoire's largest development partners, financing projects across infrastructure, energy, agriculture, education, healthcare, governance and private sector development. The latest agreements underscore international partners' continued confidence in the country's economic outlook and reform agenda as it pursues its long-term development objectives.