In line with its 2021-2025 National Development Plan, Côte d’Ivoire has signed several cooperation agreements with Canada to implement development projects, improve the well-being of its population and stimulate sustainable and inclusive growth.
Côte d’Ivoire and Canada recently signed a CFAF25 billion memorandum of understanding for development projects. The agreement was announced by the Ivorian government on Wednesday, April 26.
The memorandum of understanding is mainly aimed at strengthening the friendly relationship between the two countries and creating a framework for structured dialogue between the ministries in charge of development in both countries. It is accompanied by nine project protocols that are structured around four priority areas, namely: health, inclusive growth, education, and governance.
In line with Côte d’Ivoire’s 2021-2025 national development plan, the projects aim to support the government in the improvement of the population’s living conditions and the continuation of development efforts.
"This agreement is the tangible demonstration of Canada's commitment to complementing the efforts of the Ivorian government through the formulation and implementation of development projects," said Ms. Kaba Nialé, Minister of Planning and Development.
Côte d’Ivoire is one of the most dynamic economies in Africa. It has shown resilience to the recent economic shocks that hit it and recorded a 7% growth in 2021, compared to 2% in 2020. Despite the lingering effects of these shocks, Abidjan remains on a positive economic trajectory. According to the World Bank, the country should make more investments in new sectors likely to create wealth and jobs and be beneficial for women and the most vulnerable segments of its population, living in the most remote rural areas.
During the Consultative Group to Assist the Poor in mid-June 2022, in Abidjan, Canada committed to contributing CFAF60 billion ($100 million) over 2021-2025 to support the efforts of the Ivorian government.
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...
Rwanda ranks first in Africa in the World Bank’s Business Ready 2025 with a score of 67.94. Benin and Senegal enter Africa’s Top 10 for the first time...
Acumen closed a $250 million blended-finance raise for off-grid electricity in sub-Saharan Africa. The H2R Amplify debt fund reached $180...
Ivory Coast expects a new government after the prime minister and cabinet resigned following December 27 legislative elections. The ruling RHDP won...
West African Resources produced 205,228 ounces of gold at Sanbrado in 2025, within its guidance range. Total Burkina Faso output from Sanbrado and...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...