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
Blue Earth Capital secures over $100 million first close Impact secondaries strategy targets emerging markets, including Africa and...
Coris buys Portugal state’s 59.81% stake in Banco Comercial do Atlântico Deal approved by Portugal and Cape Verde regulators Transaction...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross-border financing rose to CFA405.6 billion Credit...
Sahel Capital secures $29 million first close for agribusiness fund SCAF II targets West African agribusiness value chains Fund makes first...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...

Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
03

Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...

Amazon wins approval to enter Nigeria’s satellite internet market
04

Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...

Tether and UNODC Launch Digital Asset Cybersecurity Initiative in Africa
05

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
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.