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
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...
Somalia and Algeria signed multiple agreements covering education, agriculture, energy, diplomacy,...
Gen Z set to drive Africa’s retail growth, says BCG consumer survey Young consumers prioritize quality, global brands, and hybrid shopping...
Sonatrach signs $437M deal with Sinopec for Arzew refinery upgrade New unit to boost gasoline output from 550,000 to 1.2M tonnes yearly...
Ruto announces $850M plan for housing, roads, and markets in three counties Funds to build 44,000 homes, upgrade 600 km of roads, complete a...
President Hassan appoints new 56-member cabinet after landslide re-election Seven ministers ousted; ex-ambassador Omar named new finance minister...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...
The Okapi Wildlife Reserve, located deep within the Ituri Forest in the northeastern Democratic Republic of Congo, stands as one of the Congo Basin’s most...