Côte d’Ivoire secures monumental funding for 2026-2030 development plan
Côte d’Ivoire has successfully raised an impressive 47.82 trillion FCFA to fuel its ambitious 2026-2030 National Development Plan, a significant achievement lauded by President Alassane Ouattara.
President Alassane Ouattara of Côte d’Ivoire expressed profound satisfaction following the successful outcome of the Consultative Group meeting, dedicated to mobilizing resources for the nation’s 2026-2030 National Development Plan (PND). The gathering culminated in pledges totaling an impressive 47,820 billion FCFA, equivalent to approximately US$80 billion. This substantial sum significantly surpasses initial expectations, representing nearly four times the funding originally sought from the private sector.
President Ouattara underscored that this remarkable achievement serves as a clear testament to the international community’s unwavering confidence in Côte d’Ivoire’s economic trajectory and its promising future development prospects. He reiterated the government’s steadfast commitment to translating these financial pledges into tangible advancements, focusing on enhancing critical infrastructure and expanding economic opportunities across the country.
The PND 2026-2030 outlines six strategic pillars essential for national progress: fostering peace and security, bolstering agricultural output, stimulating private sector growth, investing in human capital, upgrading infrastructure, and ensuring robust good governance. The overarching vision is to propel Côte d’Ivoire into the ranks of upper-middle-income economies by the year 2030, targeting a GDP per capita of US$4,500 and reducing the national poverty rate to below 20%.
The Consultative Group meeting, a pivotal event, drew more than 2,000 investors from 49 different nations to Abidjan. These representatives hailed from a diverse array of financial institutions and corporations, converging to deliberate and commit to the ambitious funding requirements of the PND.
