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Côte d’Ivoire Bets on Private Capital in $206 Billion Development Plan

Côte d’Ivoire Bets on Private Capital in $206 Billion Development Plan
Thursday, 05 February 2026 13:49
  • Côte d’Ivoire plans total investment of CFA114,838.5 billion ($206.5 billion) under its 2026–2030 development plan.

  • The private sector should fund 70.2% of total investment, while the public sector should provide 29.8%.

  • The government projects average economic growth of 7.2% between 2026 and 2030.

The Ivorian government unveiled the framework of the 2026–2030 National Development Plan after the Council of Ministers meeting held on February 4, 2026. The plan projects total investment of CFA114,838.5 billion, equivalent to about $206.5 billion.

The adoption of the plan follows three previous national development plans implemented since 2012.

The government expects the private sector to provide 70.2% of total investment, while the public sector should contribute 29.8%. The government estimates total public financing needs at CFA38,000 billion.

The government plans to mobilize public funding through financial markets and through a consultative group meeting scheduled for that purpose.

In addition, the government expects the investment rate to rise from 25.4% of gross domestic product in 2026 to 34.5% in 2030.

The 2026–2030 National Development Plan rests on six pillars. These pillars include security, agricultural modernization, promotion of private investment, development of human capital, development of strategic infrastructure, and promotion of good governance.

On the operational level, the plan relies on a major reform matrix covering 22 priority areas. The plan also includes a portfolio of flagship projects spanning all sectors of the economy. The government also strengthens a monitoring and evaluation framework to support implementation.

The Council of Ministers highlighted social and generational objectives in its official statement.

“Overall, this new 2026–2030 National Development Plan takes into account the legitimate aspirations of young people for a better future and the imperatives of inclusive and sustainable development, with the objective of ‘building a great, stable, ambitious and united nation,’ among upper-middle-income countries by 2030,” the statement said.

These policy orientations follow the renewal of President Alassane Ouattara’s mandate after the 2025 elections. The government formed a new cabinet composed of 34 members, including six women.

The authorities reappointed Robert Beugré Mambé as prime minister. The new government faces expectations on youth unemployment, financial inclusion, inequality reduction, and climate change adaptation.

Since 2012, Côte d’Ivoire has implemented three national development plans covering the periods 2012–2015, 2016–2020, and 2021–2026. The government used these plans to support economic and social transformation and to reduce poverty and inequality.

Under the new development plan, the government projects average economic growth of 7.2% between 2026 and 2030. The World Bank forecasts average growth of 6.4% through 2027.

This article was initially published in French by Lydie Mobio

Adapted in English by Ange J.A de BERRY QUENUM

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