Côte d’Ivoire secures substantial funding for national development plan 2026-2030
Côte d’Ivoire has successfully secured 47,820 billion FCFA to fund its ambitious National Development Plan 2026-2030, a triumph lauded by President Alassane Ouattara.
Ivorian President Alassane Ouattara expressed profound satisfaction with the outcomes of the Consultative Group meeting, which focused on securing financing for the nation’s 2026-2030 National Development Plan (NDP). The gathering successfully attracted 47,820 billion FCFA, equivalent to 80 billion US dollars. This impressive sum notably surpasses the initial funding target sought from the private sector by approximately fourfold.
President Ouattara emphasized that this remarkable achievement underscores the international community’s strong confidence in Côte d’Ivoire and its promising development trajectory. He affirmed the government’s unwavering commitment to translating these financial pledges into tangible projects, thereby enhancing the country’s infrastructure and expanding economic opportunities for its citizens.
The 2026-2030 NDP outlines six core priorities: fostering peace and security, advancing agriculture, boosting private sector growth, investing in human capital, upgrading infrastructure, and strengthening good governance. The overarching goal is to elevate Côte d’Ivoire to an upper-middle-income economy by 2030, targeting a GDP per capita of 4,500 US dollars and reducing the poverty rate to under 20%.
The Consultative Group meeting, held in Abidjan, brought together over 2,000 investors from 49 nations. These participants, representing a wide array of financial institutions and corporations, convened to deliberate on the critical funding aspects of the NDP.