Public Management

Côte d’Ivoire : The volume of public procurement markets approved at end-September 2018 rose by 73.1% on YoY basis to reach $1.8 bln

Côte d’Ivoire : The volume of public procurement markets approved at end-September 2018 rose by 73.1% on YoY basis to reach $1.8 bln
Thursday, 20 December 2018 14:23

By end September 2018, the volume of public procurement markets approved in Côte d’Ivoire was XOF1,038.72 billion (about $1.8 billion) against XOF600.02 billion ($1 billion) in 2017 ; representing a 73.1% increase on a year on year basis.

This was announced by the government during the ministerial council held on December 18, 2018. According to the authorities, 3,288 contracts were approved during the period under review against 3,148 by the same period a year earlier, representing a 4.4% increase.

Roads, hydraulics, electrification, construction and renovation works represent 79% of the volume of procurements approved during the period being reviewed.

Competitive procedures, including open and restricted bids, represents 79.4% of the markets approved by end September 2018 against 64.1% at the end of September 2017.

Non-competitive procedures (mutual agreements, amendments, special agreements, and order letters) make 19% of the volume of markets approved at the end of September 2018 against 33.4% a year earlier.  

Mutual agreements make 12.7% of the volume of the funds approved against 21.1% in 2017; representing an 8.4% decrease.

Let’s note that according to the Ivorian government, the average time limit for awarding public procurement markets slightly decreased from 104.5 days at end September 2017 to 103.9 days at the end of September 2018.

Flore kacou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Orange Mali secures €80M loan to expand 4G and fiber networks Project to improve internet for 300,000 users, focus on rural...
Benin seeks $176.7M via two new bonds on WAEMU market Bonds offer 6% and 6.15% yields, maturing in 2032 and 2035 Return follows $1B...
CAR Treasury returns to market, seeks up to $88.4M via new bond lines Three- to five-year bonds to fund $12.8B national development...
Côte d'Ivoire keeps BB/B rating, but Senegal debt exposure flagged Ivorian banks now key conduit for risky Senegalese bond financing S&P...
Most Read
01

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
02

The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...

Nigeria Launches National Payment Stack, Targets Faster Digital Transactions
03

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
04

Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...

Ghana to Allocate $2.8 Billion for Road Development in 2026
05

Somalia and Algeria signed multiple agreements covering education, agriculture, energy, diplomacy,...

Somalia’s President Sheikh Mohamud Signs Multiple Cooperation Agreements in Algeria
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.