• Côte d’Ivoire signs $888 million deals at IMF-World Bank meetings

• Agreements target social sectors and $300 million energy compact

• Moves support $206 billion development plan, boosting investor interest

Côte d'Ivoire signed two strategic agreements worth $888 million in Washington on the sidelines of the International Monetary Fund and World Bank Spring Meetings, the Ministry of Economy, Finance and Budget said on Friday, April 17.

The first is a letter of intent worth 500 million euros ($588 million) with ABD Group, a project development firm, to finance and execute key projects across several social sectors, including health, education and water infrastructure.

The second covers a Millennium Challenge Corporation (MCC) Compact valued at $300 million. The deal combines international financing with a national contribution to transform the country's energy sector, strengthen local skills and reinforce its regional role. Côte d'Ivoire's contribution under the compact is estimated at more than $22.5 million.

Investor push around the PND

The Ivorian delegation, led by Minister of Economy, Finance and Budget Adama Coulibaly, used the meetings to engage financial partners around the country's economic ambitions. In that effort, a presentation of the National Development Plan (PND) by Minister of Planning and Development Souleymane Diarrassouba at a panel with American entrepreneurs drew strong interest.

"Many investors are eager to enter Côte d'Ivoire because they see the country as an attractive destination," Coulibaly said.

The agreements come as Côte d'Ivoire expands its international partnerships to finance projects under the 2026-2030 PND. In March, the country signed several financial agreements with the European Union, including one worth $1.1 billion aimed at infrastructure and job creation.

The country's economy is estimated to have grown 6.6% in 2025, with inflation held within the regional target range of 1% to 3% and a gradual fiscal consolidation toward 3.7%.

The PND comprises 810 projects organised across seven priority industrial clusters, including agro-industry, energy, digital technology and health. The plan is valued at 114,838.5 billion CFA francs, or approximately $206 billion, with more than 70% expected to come from the private sector.

Lydie Mobio