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
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...
Afreximbank underwrites $2.5bn in a $4bn syndicated loan to consolidate Dangote refinery's construction debt, with no new cash injected into...
Price corrections have severely squeezed farmers and destabilized agricultural state support systems in Ivory Coast, Ghana, Cameroon and...
IMF forecasts Cameroon growth at 3.3% in 2026 Inflation seen easing; current account deficit to widen IMF warns of risks, urges fuel pricing...
Team Europe unveils €1B investment plan for Côte d’Ivoire Programme targets energy, transport, training and agriculture sectors Initiative...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...