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
State buys back 95 % of ENEO from Actis for CFA78 billion ($137 million) Government plans to refinance ENEO’s CFA800 billion debt and tighten...
IFC to provide a $120 million guarantee for SME loans in six African countries Two dedicated funds will support agriculture and small business...
Reserves reach $46.7 billion, covering 10.3 months of imports Naira sees a brief appreciation despite long-term depreciation Rating upgrades and...
African experts urge G20 to address bias in global credit ratings Report says unfair ratings raise borrowing costs, harm development efforts AU plans...
Most Read
01

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
02

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
03

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
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

Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...

Airbus Delivers First of Ten Rolls-Royce Trent 7000-Powered A330-900neo to Air Algérie
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.